Is the ‘EURO’ a Defunct Currency?

In this paper we provide a brief discourse on the theory of optimum currency areas to serve as a basis for constructive criticism of the conceptual framework of the eurozone. With particular reference to the Greek economic crisis, we argue that the very architecture of the EU experiment involving th...

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Bibliographic Details
Main Authors: Constantinos ALEXIOU, Joseph Nellis
Format: Article
Language:English
Published: EconJournals 2012-09-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/31954/351844?publisher=http-www-cag-edu-tr-ilhan-ozturk