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.
| ISBN: | 9783658386450 |
| Publication date: | 2nd September 2022 |
| Author: | Dirk Meyer |
| Publisher: | Springer |
| Format: | Paperback |
| Pagination: | 399 pages |
| Genres: |
International economics Macroeconomics Finance and the finance industry |