University of Twente Student Theses
A financial firewall for the Eurozone - the combination of ESM and EFSF as an approach to rescue the euro?
Lange, Hannah (2012) A financial firewall for the Eurozone - the combination of ESM and EFSF as an approach to rescue the euro?
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Abstract: | In the following, the present Bachelor thesis aims to give further insight into the circumstances of the establishment of the ESM and its possible consequences for the further development of the European approach in dealing with a financial crisis that not only affects one MS but puts the whole euro area at risk. Against this background, the main research question of the present thesis reads as follows: To what extent may the European Stability Mechanism contribute to the rescue of the euro? The research question has the objective to guide the analysis of the thesis. The aim is to preliminary evaluate the potential contribution of the ESM also in combination with the European Financial Stability Facility as the European financial firewall for the rescue of the euro. For the reason that the topic has a high degree of sensitivity towards day-to-day transformations a final and irrevocable evaluation at this point in time is simply not possible. Nonetheless the topic is of high relevance considering that the euro-zone reached a defining crossroad that will influence the future of the euro as a common currency and will affect the further development and integration of the European Union. |
Item Type: | Essay (Bachelor) |
Faculty: | BMS: Behavioural, Management and Social Sciences |
Subject: | 88 social and public administration |
Programme: | European Studies BSc (56627) |
Link to this item: | https://purl.utwente.nl/essays/61959 |
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