Publication
Feb 2012
The eurozone debt crisis has fallen into a classic prisoner's dilemma, even though greater institutional interaction and a potential means of coordination of fiscal policies are promoted in the EU. This article analyzes the reasons for the crisis and discusses the need to reach to equilibrium among member states. The author points out that a long-term cooperative process is essential.
Download |
English (PDF, 2 pages, 86 KB) |
---|---|
Author | Diego Valiante |
Series | CEPS ECMI Commentaries |
Issue | 32 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2012 Diego Valiante |