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Completing the Monetary Union of Europe as Mid-term Solution of the Euro Crisis
by Justina A.V. Fischer, Francesco Pastore
(July 2015)

Abstract:
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality. Finally, the important role of mid-left parties is highlighted.
Text: See Discussion Paper No. 9230