Special
Breaking up the eurozone
This paper deals with the question whether or not it is a good idea to break up the Economic and Monetary Union (EMU or eurozone).
Special
This paper deals with the question whether or not it is a good idea to break up the Economic and Monetary Union (EMU or eurozone).
Special
The severe deterioration of asset quality in late 2007 marked the opening act of the financial crisis. A drop in global economic activity during 2008 and early 2009 was next. A wave of sovereign defaults in the industrialised world is step three.