Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125656
Authors: 
Micossi, Stefano
Year of Publication: 
2012
Series/Report no.: 
WWWforEurope Working Paper 1
Abstract: 
This paper reviews the causes of the ongoing crisis in the eurozone and the policies needed to restore stability in financial markets and reassure a bewildered public. Its main message is that the EU will not overcome the crisis until it has a comprehensive and convincing set of policies in place; able to address simultaneously budgetary discipline and the sovereign debt crisis, the banking crisis, adequate liquidity provision by the ECB and dismal growth.
Subjects: 
Euro crisis
monetary union
policy coordination
JEL: 
E61
E63
F33
F36
F42
Document Type: 
Working Paper
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