000			02255nam a22002058i 4500
001			0000066921
003			0001
008			150603s2014 enk 000 0 eng|d
020			_a9781781252925
082	0	4	_a337.142
084			_a337.142 _bPEE-U
100	1		_aPeet, John, _eauthor.
245	1	0	_aUnhappy union : _h[Book] : _bhow Europe can resolve the crisis it has created / _cJohn Peet, Anton LaGuardia.
300			_axv, 220 P.
520			_aThe euro was supposed to create an unbreakable bond between the nations and people of Europe. But when the debt crisis struck, the flaws of the half-built currency has brought the EU close to breaking point after decades of post-war integration. Deep fault-lines have opened up between European institutions and the nation-states, and often between the rulers and the ruled, raising profound questions about Europe's democratic deficit. Belief in European institutions and national governments alike is waning, while radicals of both the left and the right are gaining power and influence. Europe's leaders have so far proved the doomsayers wrong and prevented the currency from breaking up. "If the euro fails, Europe fails," says Angela Merkel. Yet the euro, and the European project as a whole, is far from safe. If it is to survive and thrive, leaders will finally have to confront difficult decisions. How much national sovereignty are they willing to give up to create a more lasting and credible currency? How much of the debt burden and banking risk will they share? Is Britain prepared to walk away from the EU? And will other countries follow? In their astute analysis of the crisis, the authors describe America's behind-the-scenes lobbying to salvage the euro, economists' bitter debates over austerity, the unseen manoeuvres of the European Central Bank and the tortuous negotiations over banking union. In the final chapter, they set out the stark choices confronting Europe's leaders and citizens.
521			_aAll.
650			_aMonetary policy _zEuropean Union countries.
700	1		_aLaGuardia, Anton, _eauthor.
852			_p51366 _92263.56 _h337.142 PEE-U _vRoyal Book Company _b2nd Floor _dBooks _t1 _q1-New _aJZL-CUI
999			_c74365 _d74365