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Conference paper


Sven Afhüppe ; D-10119 Berlin, Kastanienallee 46, Germany

Fulltext: croatian, pdf (179 KB) pages 82-87 downloads: 906* cite
APA 6th Edition
Afhüppe, S. (2001). Euro – stabilizacijsko obećanje. Politička misao, 38 (3), 82-87. Retrieved from
MLA 8th Edition
Afhüppe, Sven. "Euro – stabilizacijsko obećanje." Politička misao, vol. 38, no. 3, 2001, pp. 82-87. Accessed 28 Feb. 2021.
Chicago 17th Edition
Afhüppe, Sven. "Euro – stabilizacijsko obećanje." Politička misao 38, no. 3 (2001): 82-87.
Afhüppe, S. (2001). 'Euro – stabilizacijsko obećanje', Politička misao, 38(3), pp. 82-87. Available at: (Accessed 28 February 2021)
Afhüppe S. Euro – stabilizacijsko obećanje. Politička misao [Internet]. 2001 [cited 2021 February 28];38(3):82-87. Available from:
S. Afhüppe, "Euro – stabilizacijsko obećanje", Politička misao, vol.38, no. 3, pp. 82-87, 2001. [Online]. Available: [Accessed: 28 February 2021]

According to the author, the introduction of the euro has created the second largest economic space in the world. However, this economic space is not without its quandaries. For example, the author predicts that the exchange rate for the euro is going to increase only after the conditions for investments within the euro space have improved. All the EU governments must work on structural reforms of the labour market and the social policy. This will be facilitated once the euro has become an international currency equal to the dollar. For this to occur, a political union in Europe must be created since a successful currency needs political clout as a back-up.

euro; European Union; European Central Bank; institutional reforms; structural reforms; political union

Hrčak ID: 24540



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