The recent conflict between the government of Greece and its partners in the euro area has shaken the very foundations of European Monetary Union. According to the German Council of Economic Experts, an independent body that advises the government in Berlin, these tensions have underlined the high urgency for further reforms.
For this purpose, the Council submits a special report to the federal government. It is entitled:
„Consequences of the Greek Crisis for a More Stable Euro Area“
The complete report in English will be available soon.