More monetary competition

The discussion on the future of the Euro is stalled. Unconditional supporters of the Euro and unconditional opponents of the Euro are irreconcilably opposed to each other. The political taboo, as imposed by the most diverse protagonists in hitherto unsuccessful attempts to rescue the Euro, of giving no consideration at all to a consensual or onesided reorganisation of the European monetary union has since been broken. Meanwhile, the progress which is urgently needed can only be achieved if proposals for a way out of the current crisis are on the table. One such proposal which is particularly suited to overcoming the paralysis of the European institutions is included int he book.