European Union and monetary union in permanent crisis I: an inventory

Abstract

European integration efforts are on the brink of collapse. In its current state, the European Monetary Union is unintentionally acting more as a dis-integration factor than as a unifying element. Dirk Meyer provides descriptions, analyses and background information on the current crisis. The book is the result of more than ten years of work on the subject. The content Why is the policy of no alternatives so dangerous? What does "crisis policy" mean and why do its consequences have a disintegrative effect? What are the costs of the low interest rate policy? How much debt relief did Greece really get? To what extent do additional money emitted by the national central banks and the ECB's bond-purchasing programmes endanger the unity of the monetary union? Vol. II: Scenarios for the Future of the Euro.