The euro crisis made Europe’s stateless currency falter. It argues that the crisis propelled the European continent towards the institutionalization of an unprecedented form of centralized authority: Europe’s New Fiscal Union.
Pierre Schlosser is Scientific Coordinator of the Florence School of Banking and Finance, Robert Schuman Centre, European University Institute, Florence, Italy.
Chapter 1: Introduction.- Chapter 2: Emu’s Asymmetrical Institutional Design.- Chapter 3: Enhancing Emu’s Fiscal Arm: Towards Stronger Regulatory Surveillance.- Chapter 4: Building Central Financial Assistance Capacities.- Chapter 5: Developing an Emu Lending Of Last Resort Capacity.- Chapter 6: Centralizing Banking Resolution.- Chapter 7: Findings and Interpretation.- Chapter 8: How to Reform Emu?
