EAN: 9783956872044

HOW CAN THE EURO AREA CRISIS BE SOLVED IN THE L...

The preservation of the Monetary Union for Europe is linked to the future of a whole continent.
The currency crisis impacts everybody. It is unequivocal that major efforts were necessary to
prevent the break-up of the euro area. However  some of the countermeasures led to
disagreements and fierce criticism. A long-term solution must be found. Many proposals haven
been contributed in order to do so but are they both expedient and agreeable? This publication
approaches this question by beginning with a brief theoretical introduction about the
fundamental advantages and disadvantages of the Monetary Union. Based on this  the history of
the crisis of the euro system is described. It becomes clear that a key problem in finding a
solution is the disagreement about the causes of the currency crisis. Further chapters
summarize which rescue measures were used and analyze how they are already solving the
weaknesses of the euro. Here  the reader will see that there is a long way before the Monetary
Union stands on a stable framework. In this book  suggested solutions are discussed and
analyzed  before finally a combination of different solutions is emphasized. In this book:
-Monetary Union  -Currency Crisis  -Euro Reforms  -History of the euro.

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