Research Seminar European Economics I

This document explores the lively academic debate surrounding the origins of the Eurozone crisis. Scholars have offered a range of interpretations, each emphasizing different possible causes and dynamics. Some point to the influence of the global financial crisis that rippled across continents and exposed the vulnerabilities of Europe’s monetary union. Others focus on deep-rooted macroeconomic imbalances within the Eurozone, the mounting public debts of several member states, or the loss of tr...