"For an informed debate"
...and those specifically oriented towards the Euro- Mediterranean region such as the Interdepartmental Group 5 + 5 supervised by the Prime Minister, the General Secretariat of the UfM etc, have subsequently joined the City of Marseille and the Provence-Alpes-Cote d’Azur Region. The...
Read more...macroeconomic surveillance, the creation of the European Stability Mechanism, liquidity provisioning by resilient economies and the European Central Bank and a process towards a banking union. However, a monetary union requires some form of budget for fiscal stabilisation in case of shocks, and...
Read more...was also no shortage of fancy explanations for European external imbalances, for example that everyone in Europe wanted to build a second house on Spain's beaches. To recognise that current accounts matter is however only one step. The harder ones are to determine what they should be, how to...
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