European Union and Monetary Union in Permanent Crisis II
Autor: | Dirk Meyer |
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EAN: | 9783658386467 |
eBook Format: | |
Sprache: | Englisch |
Produktart: | eBook |
Veröffentlichungsdatum: | 01.09.2022 |
Untertitel: | Scenarios for the future of the euro |
Kategorie: | |
Schlagworte: | European Monetary Union;Euro exit;Currency denomination;Parallel currency;Full-fledged money;Euro crisis;ECB |
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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.
Prof. Dr. Dirk Meyer has taught regulatory economics at Helmut Schmidt University in Hamburg since 1994. He was involved in two constitutional challenges against Greek bailout I and the European Financial Stabilisation Mechanism EFSF in 2010. Together with colleagues, he wrote the appeal 'The euro must not lead to a liability union' in 2018. As one of the main complainants against the EU loan financing of the Covid-19 reconstruction package NextGenerationEU , he joined the lawsuit of the 'Bündnis Bürgerwille' in 2021.