Overview Papers

Marty Feldstein, The Euro and European Economic Conditions, NBER Working Paper 17617, 2011
Jay Shambaugh, The Euro's Three Crises, Paper presented at Brookings Papers on Economic Activity, Spring,2012
Richard Portes, The Eurozone crisis – April 2012

Fiscal Challenges

Philip Lane, The European Sovereign Debt Crisis, 2012
Christina Romer, Fiscal Policy in the Crisis: Lessons and Implications, 2012
German Council of Experts, A European Redemption Pack, 2011
Patrick Bolton and Olivier Jeanne, Sovereign Default Risk and Bank Fragility in Financially Integrated Economies IMF Economic Review, 2011
Willem Buiter and Ebrahim Rahbari, The ECB as Lender of Last Resort for Sovereigns in the Euro Area, 2012

Banking Challenges

Anil Kashyap, Kim Schoenholtz and Hyun Song Shin, Will EU Fail Stress Tests? , Bloomberg View, 2012
Viral Acharya, Itamar Dreschsler and Philipp Schnabl, A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk, 2011
Philippon, Thomas, Yes, Europe Can Become a Stable Currency Area, Paper written for 2012 Finanncial Risks International Forum on "Systemic Risk"

Balance-of-Payments Challenges

Olivier Blanchard, Adjustment within the Euro. The Difficult Case of Portugal, 2006
Francesco Giavazzi and Luigi Spaventa, Why the Current Account May Matter in a Monetary Union, 2010
Silvia Merler and Jean Pisani-Ferry, Sudden Stops in the Euro Area, Bruegel Policy Contribution, March,2012

An Evaluation of Policy Responses and Prospects

Vitor Constancio, Contagion and the European Debt Crisis, Banque de France Financial Stability Review No. 16, April,2012
Michael Bordo, Agnieszka Markiewicz, and Lars Jonung, A Fiscal Union for the Euro: Some Lessons from History, NBER Working Paper 17380, 2011
Mohamed El Erian, Evolution, Impact and Limitations of Unusual Central Bank Policy Activism, Pimco, 2012
Markus Brunnermeier, Luis Garicano, Philip Lane, Marco Pagano, Riardo Reis, Tano Santos, Stijn Van Nieuwerburgh and Dimitry Vayanos, European Safe Bonds (ESBies), Paper by the euro-nomics group, 2011
Christian Hellwig and Thomas Philippon, Eurobills, not Eurobonds, VOX EU, 2011
Jacques Delpla and Jakob von Weizsacker, The Blue Bond Proposal, Bruegel Policy Brief, May,2010
Jeffrey Frankel, Could Eurobonds be the answer to the Eurozone crisis? , VOX EU, June 27, 2012