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Facts and Findings

Crisis Management in the Euro Area: Why Europe's Policy is on the Right Track (Online-Publication)

by Dr. Werner Becker, Prof. Dr. Horst Löchel, David Gregosz
The aim of this article is to show that the crisis-driven pragmatism of politics is an appropriate way of resolving the problems in the currency area and placing the European Economic and Monetary Union (EMU) on a new, more stable footing. The paper will show that the policies that have been agreed at the heart of the Fiscal Compact and the Stability and Growth Pact, along with the establishment of the EFSF and ESM stability mechanisms and the planned banking union, are appropriate ways of addressing the structural defects in the EMU.

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About this series

The series informs in a concentrated form about important positions of the Konrad-Adenauer-Stiftung on current topics. The individual issues present key findings and recommendations, offer brief analyses, explain the Foundation's further plans and name KAS contact persons.

 

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Konrad-Adenauer-Stiftung e.V.

erscheinungsort

Sankt Augustin Deutschland

Dr. Kristin Wesemann

Dr

Head of Strategy and Planning

kristin.wesemann@kas.de +49 30 26996-3803

Sophie Steybe

Referentin Publikationen

sophie.steybe@kas.de +49 30 26996-3726