by
Hans Geeroms, Pawel Karbownik
Language: English
Release Date: July 22, 2014
This paper argues that a fully-fledged banking union is needed to stabilise the euro and to prevent a decade of high unemployment and low growth in the Vulnerable Euro Area Periphery Countries (VEAPs). What has been agreed by the European Council and the European Parliament in March 2014 is a step...