I have pleasure in launching the Essay I have been working upon since my retirement form Deputy Governor of the Central Bank of Malta last June 2017.
I believe this Essay provides innovative and possibly controversial thinking of how to achieve a instant, equitable and durable solution for the instability within the European Monetary Union (EMU) and is possibly the only way to ensure longevity for the EURO.
I wish to thank all those who helped me in reviewing my drafts and suggesting improvements even if many remained sceptical on the practicality of what is being suggested.
I sincerely hope this adds a different viewpoint on the the problems caused by strong disequilibria within the EMU and that at least it can be considered and discussed.
I would greatly value any feedback.
Click on the link below:
PDF download: The Euro: A Cure or a Curse for the EU