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Total: 15 results found.
... than an initiative, the need to counterbalance the institutional outcomes of the economic and financial crisis that shook the world but particularly the eurozone; and, third, the call for an improvement ...
Eight years after the outbreak of the crisis, the Eurozone (EZ) fiscal policy remains fragmented at the national level. This paper fills the structural gap between the monetary and fiscal dimensions of ...
The Euro Area (Eurozone, or EZ) is navigating uncharted waters; it has started, in slow motion, to slide towards a fiscal federation, while still lacking both the fiscal capacity and the democratic qualification ...
Contributions in this special issue argue make a number of points with regard to the urgent need to change the economic governance of the Eurozone, pointing at some tools to increase its spending capacity. ...
EU and EMU are facing a hastened phase of structural rather than episodic crisis, following the progressive shift of the world order from a bipolar toward a multi-polar system. From the sovereign debt ...
The article explores the present role of the ECB in European economic governance and point at the required steps to make such governance effective in tackling the challenges of the Eurozone and of the ...
The reform of the economic governance in the EU, as a reaction to the Eurozone crisis, has increased the asymmetries in the Union. Although formally respected, the principle of equality of the Member States ...
The aim of this paper is to evidence the benefits of a coordinated and symmetrical policy approach in the reduction of macroeconomic imbalances among Eurozone countries by analysing the exploitation of ...
... to lay down guidelines for a future reform that could ensure the stable efficiency and democratic legitimacy both of the Union as a whole and of the core Eurozone countries, as well as that of any additional ...
10. Europe Is at a Watershed
(Antonio Padoa Schioppa/Editorial)
... be achieved is the creation of a supranational government within the Eurozone.  ...
 The eurozone crisis has made budgetary issues the focal point of political and public debates about the European Union. Besides the pessimistic context and conflictive nature of the ongoing negotiation ...
The international economic and financial crisis and the problem of European sovereign debt is seriously undermining the foundations of the Eurozone: the European Union could disintegrate. The decision-makers ...
13. The Euro-Area Crisis: A First Legal Analysis
(Giuseppe Martinico/Review article)
What should the European Union do to challenge the Eurozone crisis? Examining the recent debate, one can identify the following options to overcome the EU’s institutional crisis: 1.    reform of the EU ...
14. Towards a European Federal Fiscal Union
(Alberto Majocchi/Essay)
The financial crisis revealed the inadequacy of the European Economic and Monetary Union. The response of the EU and of the countries of the Eurozone has been slow and weak, due to the substantially confederal ...
The decisions taken by the recent meeting of the Heads of State and Government - held in Brussels on 21 July 2011- strengthen the European Financial Stability Facility  (EFSF) and constitute a first step ...
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