Dirk Meyer
European Union and Monetary Union in Permanent Crisis II: Scenarios for the future of the euro
European Union and Monetary Union in Permanent Crisis II: Scenarios for the future of the euro
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The European Monetary Union has been replaced by a fiscal union with redistributive features, endangering the ECB's independence through bond-purchasing programs. Dirk Meyer proposes a parallel currency concept for a functioning common currency.
Format: Paperback / softback
Length: 399 pages
Publication date: 02 September 2022
Publisher: Springer
The European Monetary Union, established under the Maastricht Treaty, has ceased to exist. The introduction of permanent rescue parachutes, joint liability, and legal presumptions by the EU Commission has resulted in a fiscal union characterized by redistributive elements. The implementation of bond-purchasing programs has raised concerns about the independence of the European Central Bank (ECB). In response, Dirk Meyer proposes an alternative concept for a functioning common currency, known as parallel currency.
Paragraph 1: The European Monetary Union, founded upon the Maastricht Treaty, has dissolved. The implementation of permanent rescue parachutes, joint liability, and legal presumptions by the EU Commission has fostered a fiscal union characterized by redistributive features.
Paragraph 2: The introduction of bond-purchasing programs has raised apprehensions regarding the independence of the European Central Bank (ECB). In response, Dirk Meyer presents an alternative framework for a functioning common currency, referred to as parallel currency.
Weight: 466g
Dimension: 203 x 127 (mm)
ISBN-13: 9783658386450
Edition number: 1st ed. 2022
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