000 02057nam a2200277 i 4500
001 119903
005 20230410142402.0
008 150616s2014 enkad r 001 0 eng d
020 _a9781781252918
020 _a1781252912
020 _a9781781252925
020 _a1781252920
041 0 _aeng
050 1 4 _a
_bP375
100 1 _aPeet, John
245 0 0 _aUnhappy Union :
_bHow the euro crisis - and Europe - can be fixed /
_cJohn Peet and Anton La Guardia
260 _aLondon :
_bProfile Books,
_c2014
300 _axv, 220 p. :
_bill. ;
_c22 cm.
440 0 _aEconomist
490 1 _aEconomist
504 _aIncludes bibliographical notes and index
520 _aDeep fault-lines have opened up, not just between north and south, but between European institutions and the nation-states, and often between the rulers and the ruled, raising profound questions about Europe's democratic deficit. Belief in European institutions and national governments alike is waning, while radicals of both the left and the right are gaining power and influence. Europe's leaders have so far proved the doomsayers wrong and prevented the currency from breaking up. "If the euro fails, Europe fails," says Angela Merkel. Yet the euro, and the European project as a whole, is far from safe. If it is to survive and thrive, leaders will finally have to confront difficult decisions. How much national sovereignty are they willing to give up to create a more lasting and credible currency? How much of the debt burden and banking risk will they share? Is Britain prepared to walk away from the EU? And will other countries follow? In their astute analysis of the crisis, the authors describe America's behind-the-scenes lobbying to salvage the euro, economists' bitter debates over austerity, the unseen manoeuvres of the European Central Bank and the tortuous negotiations over banking union. In the final chapter, they set out the stark choices confronting Europe's leaders and citizens.
700 1 _aLa Guardia, Anton
942 _2lcc
_cbk
946 _aJaaM
999 _c94753
_d94753