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The European Monetary Union based on the Maastricht Treaty doesn’t exist any longer. Permanent rescue parachutes, joint liability and legal presumptions by the EU Commission lead to a fiscal union with a redistributive character. Bond-purchasingprogrammes endanger the independence of the ECB. As an alternative, Dirk Meyer develops a parallel currency concept for a functioning common currency.
Published by: Springer
Publication Date: 2022-09-02
Format: Paperback
ISBN-13: 9783658386450
DOI: 10.1007/978-3-658-38646-7
Dimensions: 203cm x127cm
Pages: 399