Tytuł pozycji:
Kryzys finansowy strefy euro
The financial crisis in the eurozone has laid bare the weaknesses of the Economic and Monetary Union, which is being built in Europe. The main problem is the fact that the euro area is not an optimal currency area, as described by Mundell (1961). This is a result of insufficient convergence between the members of the erozone. The author attempts to present the theoretical rationale of the Economic and Monetary Union and discusses its problems. The most important causes of the financial crisis in the eurozone are also listed.
