Doomsday for the Euro Area: Causes, Variants and Consequences of Breakup

In this paper we describe the genesis of a doomsday scenario and discuss potential causes and motivations for a breakup of the euro area. For this purpose, we differentiate between the departure of weak and strong countries, and examine the impact of the reintroduction of a national currency on dome...

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Bibliographic Details
Main Authors: Ansgar Belke, Florian Verheyen
Format: Article
Language:English
Published: MDPI AG 2012-07-01
Series:International Journal of Financial Studies
Subjects:
Online Access:http://www.mdpi.com/2227-7072/1/1/1