TY - RPRT AU - Fischer, Justina A.V. AU - Pastore, Francesco TI - Completing the Monetary Union of Europe as Mid-term Solution of the Euro Crisis PY - 2015/Jul/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 9230 UR - https://www.iza.org/publications/dp9230 AB - 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. KW - IMF KW - Germany KW - Greece KW - Euro KW - Europe KW - Monetary Union ER -