Completing the Eurozone rescue: What more needs to be done?

Edited by Richard Baldwin, Daniel Gros and Luc Laeven

Click here to download the full PDF or on the titles in the Table of Contents below to view the individual papers.

Daniel Gros on Vox Talks

Daniel Gros of CEPS talks to Viv Davies about Vox's latest eBook. While not excluding the possibility of a breakup of the eurozone, Gros discusses a potential solution for Greece and the key role of the proposed stress tests on European banks, warning that the "devil is in the detail". The interview was recorded in late June 2010.

Completing the Eurozone rescue: What more needs to be done?

Edited by Richard Baldwin, Daniel Gros and Luc Laeven

Introduction
Richard Baldwin and Daniel Gros

1. Drawing a line under Europe’s crisis
   Barry Eichengreen
2. The Eurozone needs a political union, or at least elements of one
   Paul De Grauwe
3. The Eurozone's levitation
   Charles Wyplosz
4. Eurozone governance: What went wrong and how to repair it
   Jean Pisani-Ferry
5. The European bicycle must accelerate
   Angel Ubide
6. What more do European governments need to do to save the Eurozone in the medium run?
   Thomas Mayer
7. The narrative outside of Europe about Europe’s fiscal crisis is wrong
   Avinash D. Persaud
8. Rethinking national fiscal policies in Europe
   Philip R Lane
9. A credible Stability and Growth Pact: Raising the bar for budgetary transparency
   Michael C. Burda and Stefan Gerlach
10. Fiscal policy at a crossroads: The need for constrained discretion
    Antonio Fatás and Ilian Mihov
11. Fiscal consolidation as a policy strategy to exit the global crisis
    Giancarlo Corsetti
12. German spending is not the cure
    Alberto Alesina and Roberto Perotti
13. The long shadow of the fall of the wall
    Daniel Gros