{"id":18081,"title":"An Emergency Exit for the Currency Union?","link":"https:\/\/bst-europe.eu\/de\/miscellaneous\/europa-briefing-european-taxes\/","date":"16. Februar 2018","date_unix":1518773798,"date_modified_unix":1754482854,"date_iso":"2018-02-16T09:36:38+00:00","content":"
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In the publication series \u201cEuropa briefing\u201d our colleagues from „Repair and Prepare: Strengthen the Euro<\/a>„, a joint project between the Bertelsmann Stiftung and the Jacques Delors Institut \u2013 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<\/a> to find all the Europa briefings on the website of the project. The Europa briefings were published first in November 2017<\/em><\/div>\n
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This Week’s Briefing: Leaving the euro
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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\u00a0street? What would be the consequences of an exit option? And what alternatives are there to an Exit?<\/p>\n

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To get the answers to all these questions and more, simply click on the download window above to read the full brief.<\/p>\n

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\u201eThe Europa briefing series is published as part of \u201cRepair and Prepare: Strengthen the euro\u201d. For this project, the Bertelsmann Stiftung has joined forces with the Jacques Delors Institut \u2013 Berlin to provide a roadmap for a stronger Economic and Monetary <\/span>Union. You can find all briefings and further publications on the future of the Eurozone on the website of the project <\/span>www.strengthentheeuro.eu<\/span><\/a>.<\/span><\/em><\/div>\n
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\"171110_JDI_Leaving_the_euro_Auskopplung_EN_Facts_ap3\"<\/a><\/div>\n","excerpt":"

Up to now, the European Treaties provide no option for leaving the euro. While this protects the currency from speculative attacks, the lack of an exit option also constrains the room for political manoeuvre in times of crisis. This briefing looks at why the euro was designed as a one-way-street, examines the potential consequences if an exit option was introduced and provides alternative scenarios to a full-blown exit.<\/p>\n","thumbnail":"https:\/\/bst-europe.eu\/wp-content\/uploads\/sites\/24\/2018\/02\/Leaving_The_Euro.jpg","thumbnailsquare":"https:\/\/bst-europe.eu\/wp-content\/uploads\/sites\/24\/2018\/02\/Leaving_The_Euro.jpg","authors":[{"id":17740,"name":"J\u00f6rg Haas","link":"https:\/\/bst-europe.eu\/de\/blogger\/joerg-haas\/"}],"categories":[{"id":168,"name":"Miscellaneous","link":"https:\/\/bst-europe.eu\/category\/miscellaneous\/"}],"tags":[{"id":151,"name":"Publications","link":"https:\/\/bst-europe.eu\/tag\/publications\/"}]}