The preservation of the Monetary Union for Europe is linked to the
future of a whole continent. The currency crisis impacts everybody. It
is unequivocal that major efforts were necessary to prevent the break-up
of the euro area. However, some of the countermeasures led to
disagreements and fierce criticism. A long-term solution must be found.
Many proposals haven been contributed in order to do so but are they
both expedient and agreeable? This publication approaches this question
by beginning with a brief theoretical introduction about the fundamental
advantages and disadvantages of the Monetary Union. Based on this, the
history of the crisis of the euro system is described. It becomes clear
that a key problem in finding a solution is the disagreement about the
causes of the currency crisis. Further chapters summarize which rescue
measures were used and analyze how they are already solving the
weaknesses of the euro. Here, the reader will see that there is a long
way before the Monetary Union stands on a stable framework. In this
book, suggested solutions are discussed and analyzed, before finally a
combination of different solutions is emphasized. In this book: -
Monetary Union, - Currency Crisis, - Euro Reforms, - History of the
euro.
