Euro Area Policies: 2012 Article IV Consultation - Selected Issues Paper

Country Report No. 12/182

This 2012 Article IV Consultation—Selected Issues Paper on Euro Area Policies argues that the creation of a common eurozone financial stability architecture is an immediate priority to restore the viability of the Economic and Monetary Union. The paper presents a narrative of the various stages of the banking and sovereign crisis since the Summer of 2011. It also characterizes the downward spirals at play in periphery euro area countries and describes the process of financial de-integration within the euro area.
Publication date: July 2012
ISBN: 9781475505788
$18.00
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Topics covered in this book

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Money and Monetary Policy , International - Economics , Public Policy , Euro Area , Bank Soundness , Sovereign Debt , Fiscal Consolidation , Governance , Bonds , Budgetary Policy

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