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- W80894651 abstract "The Conclusions of the European Council on 28-29 October 2010 suggest the need for further consultations among the member states to design a permanent crisis mechanism to safeguard the euro area as a whole. This paper finds that the weakness of the current EMU governance is that it neither provides sufficient incentives for curtailing excessive lending and indebtedness, nor secures the level of political integration necessary to attain a sufficient degree of accountability in fiscal affairs. Any solution must address these two major flaws." @default.
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- W80894651 date "2010-11-01" @default.
- W80894651 modified "2023-09-27" @default.
- W80894651 title "The European Council Summit and the Political Economics of the EMU Crisis. CEPS Policy Brief No. 217, 9 November 2010" @default.
- W80894651 hasPublicationYear "2010" @default.
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