@TechReport{iza:izadps:dp9230, author={Fischer, Justina A.V. and Pastore, Francesco}, title={Completing the Monetary Union of Europe as Mid-term Solution of the Euro Crisis}, year={2015}, month={Jul}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={9230}, url={https://www.iza.org/publications/dp9230}, abstract={This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality. Finally, the important role of mid-left parties is highlighted.}, keywords={IMF;Germany;Greece;Euro;Europe;Monetary Union}, }