CEPS © 2019

Ten years after EULEX Key principles for future EU flagship initiatives on the rule of law
Policy Contribution

Financial Stability: ‘Collective responsibility’ will not work

09 March 2011

Financial Stability: ‘Collective responsibility’ will not work

Download Publication

2000 Downloads

Europe’s leaders have promised to find by the end of this month (March 2011) a comprehensive package, not only to end the euro crisis, but also to preserve the stability of the euro for the future. In the view of CEPS Director Daniel Gros, they are unlikely to succeed, unfortunately, because most of the elements of the package on the table so far at least deal with the symptoms and not the underlying cause of the crisis.


About the Author


Financial Stability: ‘Collective responsibility’ will not work
Download Publication

2000 Downloads