Post-Greek Crisis Reform of the Eurozone: Competitiveness on the Sidelines
Post-Greek Crisis Reform of the Eurozone: Competitiveness on the Sidelines

Author(s): Patryk Toporowski
Subject(s): Supranational / Global Economy, Governance, Economic policy, Economic development, Fiscal Politics / Budgeting
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Greek crisis; reform of Eurozone; coordinated fiscal policy; Stability and Growth Pact; structural reforms; common currency area; Economic and Monetary Union; Greek economic crisis;
Summary/Abstract: The difficult situation in Greece has accelerated reform of the eurozone towards an austerity profile of coordinated fiscal policy and the strengthening of the Stability and Growth Pact. So far, however, the changes are weak on measures to promote structural reforms. Poland, as a candidate for member of the common currency area, should support solutions that build lasting competitiveness in the Economic and Monetary Union.

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