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Preconditions of a Monetary Union

In: The Euro and International Financial Stability

Author

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  • Efthymios G. Tsionas

    (Athens University of Economics and Business)

Abstract

Several people pose the question: Why would the EU not accept the conversion of all government bonds to the so called Eurobonds? That would be a reasonable idea, if the Bureaucracy of the EU did not have its own objectives which are quite different from national objectives, a fact that would never occur in the US or the different regions of the UK.

Suggested Citation

  • Efthymios G. Tsionas, 2014. "Preconditions of a Monetary Union," Financial and Monetary Policy Studies, in: The Euro and International Financial Stability, edition 127, chapter 0, pages 23-26, Springer.
    • Handle: RePEc:spr:fimchp:978-3-319-01171-4_5
    DOI: 10.1007/978-3-319-01171-4_5
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