February 16, 2018 Jörg Haas

An Emergency Exit for the Currency Union?

In the publication series “Europa briefing” our colleagues from “Repair and Prepare: Strengthen the Euro“, a joint project between the Bertelsmann Stiftung and the Jacques Delors Institut – Berlin, cover key topics of European politics and present possible scenarios. What is the problem? What might happen next? And what can politics do now? Each week, we will present one of these briefings for you on this blog. Alternatively, you can click here to find all the Europa briefings on the website of the project. The Europa briefings were published first in November 2017

This Week’s Briefing: Leaving the euro

The euro does not provide its members with any option to leave. This protects the common currency against speculative attacks on the one hand. The euro crisis demonstrated on the other hand how difficult it is for Eurozone countries to constructively solve economic and fiscal policy conflicts among themselves. Why was the euro designed as a oneway street? What would be the consequences of an exit option? And what alternatives are there to an Exit?

To get the answers to all these questions and more, simply click on the download window above to read the full brief.

„The Europa briefing series is published as part of “Repair and Prepare: Strengthen the euro”. For this project, the Bertelsmann Stiftung has joined forces with the Jacques Delors Institut – Berlin to provide a roadmap for a stronger Economic and Monetary Union. You can find all briefings and further publications on the future of the Eurozone on the website of the project www.strengthentheeuro.eu.