European Monetary Integration Crisis Sparks Urgent Need for Financial Policy Overhaul.
The European Crisis Without End: The Consequences of European Monetary Integration discusses the ongoing issues with Euro-Zone sovereign debts. It points out that the European monetary system lacks a solid mechanism for growth and convergence among countries, as well as a united financial policy. The study suggests the urgent need for a united financial policy for all Euro-Zone countries, the activation of the European Central Bank's role, and the creation of crisis-handling mechanisms for the future.