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Titlebook: Walking the Highwire; Rebalancing the Euro Olli Rehn Book 20201st edition The Editor(s) (if applicable) and The Author(s), under exclusive

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楼主: Lampoon
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Baltic States Set Sail Against the Windia and Lithuania, became members of the Eurozone in 2011–15: Estonia in 2011, Latvia in 2014 and Lithuania in 2015. As no Grexit or other exits from the Eurozone took place during the crisis, contrary to what many Cassandras were predicting, the Eurozone’s membership actually grew from 16 to 19 memb
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Aftershocks That Didn’t Explode—And the Brexit BombHowever, none of them exploded nor shook the still fragile recovery. The first of them was the Cyprus banking crisis in the winter of 2012–13. There is much to learn from it on how to deal and . to deal with banking crises. The other aftershocks were Slovenia in 2012–13 and Greece (again) in 2015. B
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Book 20201st editionponsible for Economic and Monetary Affairs in 2010-2014. It is a comprehensive European account that covers both events and decisions in Brussels and Frankfurt and in the member states, both in distressed countries and creditor states. It also provides an economic-political analysis of the crisis an
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Introductionilent transformation of the ECB “from a Bundesbank to a Federal Reserve” over the years 2010–15 was critical for saving the euro. It was a pragmatic change but turned into a silent philosophical transformation in monetary economics and European central banking—though it is still contested.
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Fire Brigade to Athens fire extinguishers. Even worse, we had just experienced the most severe global financial crisis since the 1930s, which had badly damaged growth and jobs and led to an increase in fiscal deficits and public debt. Almost all European economies were vulnerable.
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