>>>Towards a Euro(pean) Monetary Fund by Daniel Gros and Thomas Mayer, February 2010 (update May 17)

Despite the cobbling together of an impressive $1 trillion rescue package for countries with potential funding problems, the eurozone still faces the looming threat of a disorderly default, creating systemic financial instability at the EU and possibly global level. Against this background, Daniel Gros and Thomas Mayer renew their call for the creation of a European Monetary Fund (EMF) in an update to their Policy Brief issued in February.

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CV Daniel Gros

CV Thomas Mayer