Wie weit ist die Verschuldungskrise in der Europäischen Währungsunion überwunden?

Artikel

In the first years of the eurozone debt crisis, European governments were busy struggling to achieve short-term financial stabilisation of banks and entire countries. Now, after the OMT programme and other stabilisation measures have calmed investors, attention has shifted to two issues: Firstly, are there signs of recovery in the real economy? Secondly, what will be the long-term institutional structure of the eurozone? This paper argues that the economic situation in the periphery countries is still fragile, despite significant adjustments that have taken place. Moreover, the most important institutional challenge is to avoid a situation in which national control over fiscal policy is combined with mutualisation of government debt.

Object Details

• Language: Deutsch

References and Relationships

• Bibliographic citation: Journal: Wirtschaftsdienst ; ISSN: 1613-978X ; Volume: 94 ; Year: 2014 ; Issue: Sonderheft ; Pages: 11-14 ; Heidelberg: Springer

Classification and Topics

• Classification: Wirtschaft ; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General ; Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
• Subject: Schuldenkrise ; Wirtschaftliche Anpassung ; Wirtschaftswachstum ; Politisches System ; Institutioneller Wandel ; Eurozone

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Fuest, Clemens
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2014

Further information

• DOI: doi:10.1007/s10273-014-1644-3
• Handle: http://hdl.handle.net/10419/93236
• Last update: 10.03.2025, 11:46 AM CET