In their seminal 2009 book, Kenneth Rogoff and Carmen M. Reinhart showed that, in confronting sovereign-debt crises, the four most dangerous words one can utter...
Europe has high hopes for the “digital euro” now in development. Cash has long served as the ultimate anchor for commercial bank deposits – direct...
France is a wonderful country with excellent human capital, innovative companies, and outstanding entrepreneurs. However, France is on the brink of bankruptcy because for decades...
With its latest strategic review, the European Central Bank has embarked on what is arguably its most profound transformation since its establishment in 1998. Although it...
For Bulgaria, the euro is the final stage in the long-term goal of integration into the single European financial area. The currency board system was introduced...
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