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Published on Thursday, June 29, 2017 | Updated on Thursday, June 29, 2017

Fiscal Policy in Europe: Lessons from the Crisis and Options for the Future

We analyse fiscal policy in the Eurozone during the last crisis in order to obtain the main lessons for the current debate on how to strength the European Monetary Union. We show that the interaction between uncertainties on national policies of countries with macroeconomic imbalances and an incomplete monetary union.