%0 Report %A Fischer, Justina A.V. %A Pastore, Francesco %T Completing the Monetary Union of Europe as Mid-term Solution of the Euro Crisis %D 2015 %8 2015 Jul %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 9230 %U https://www.iza.org/publications/dp9230 %X 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. %K IMF %K Germany %K Greece %K Euro %K Europe %K Monetary Union