CRITICAL ANALYSIS

Critical Analysis



The Critical Analysis of the Article

Introduction

This study aims at analyzing the article named “On the stability of public debt in the monetary union” which was written in 2012 by Mr. Daniel Gros. Europe had gone through the critical financial crises in the first half of the year 1990 which caused the great deal of plunging currency and other risks which inevitably impacted the economy. This decisive and dire situation drives the need for the EMU that is economic and monetary union. The EMU helped in lowering down the inflation instantaneously. EMU facilitated very small interest rates which influenced ...