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Banking fragility rooted in justice failures Evidence from Ukraine
Policy Contribution

Towards a Euro(pean) Monetary Fund

by Thomas Mayer / Daniel Gros
17 May 2010

Towards a Euro(pean) Monetary Fund

Thomas Mayer / Daniel Gros

Despite cobbling together an impressive $1 trillion rescue package for countries with potential funding problems, the threat of a disorderly default still looms over the eurozone, 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.

Click here to see Thomas Mayer's CV.

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Towards a Euro(pean) Monetary Fund
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