№269. The Euro Crisis: Implications for the Internal Market and Harmonisation of Corporate Taxes
№269. The Euro Crisis: Implications for the Internal Market and Harmonisation of Corporate Taxes

Author(s): Herman Onno Ruding
Subject(s): Economic policy, Financial Markets, Fiscal Politics / Budgeting
Published by: CEPS Centre for European Policy Studies
Keywords: Euro Crisis; Internal market; Harmonisation of Corporate Taxes; Economic and Monetary Union;
Summary/Abstract: The so-called ‘euro crisis’ is of the utmost economic, financial and political importance for all member countries of the euro area and for the future of the Economic and Monetary Union (EMU). In my view, however, it is not primarily aeuro crisis in the strict sense. The euro itself is of course involved, but, as a currency with a rather stable exchange rate vis-à-vis other currencies and with a major role in global financial markets,it is not at the heart of the crisis.

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