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legitimacy. Moreover, present efforts by EMU governments to “rescue the euro” will do little to correct the economic imbalances … entzogen. Zugleich ist die einheitliche europäische Geldpolitik die strukturelle Ursache makroökonomischer Ungleichgewichte …
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The Covid-19 pandemic hitting the world in 2020 also caused a high death toll in Germany and in the European Monetary Union (EMU) at large. The health crisis worldwide and the precautions against Covid-19 rapidly induced a demand and supply recession simultaneously. The Covid-19 crisis was...
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