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European Union and Monetary Union in Permanent Crisis II: Scenarios for the Future of the Euro
Paperback
Business GeneralEconomicsInvesting & Finance
ISBN13: 9783658386450
Publisher: Springer
Published: Sep 2 2022
Pages: 399
Weight: 0.94
Height: 0.88 Width: 5.00 Depth: 8.00
Language: English
The European Monetary Union based on the Maastricht Treaty doesn't exist any longer. Permanent rescue parachutes, joint liability and legal presumptions by the EU Commission lead to a fiscal union with a redistributive character. Bond-purchasingprogrammes endanger the independence of the ECB. As an alternative, Dirk Meyer develops a parallel currency concept for a functioning common currency.
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