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• Case | HBS Case Collection | 2013 (Revised from original 2012 version)

  Can the Eurozone Survive?

  Dante Roscini and Jonathan Schlefer

  The sovereign debt crisis that took Greece by storm in 2010 began to spread to other European markets. Within a few months Ireland and Portugal had also lost access to the sovereign debt markets and had to rely on supranational loans for their financing. The risk of further contagion was clear and present. Political leaders continued to seek measures to stem the crisis and to avoid the larger economies of Spain and Italy becoming involved. The European financial system became strained. Banks were found to be undercapitalized and began to ration credit to the economy. The European Central Bank intervened to provide liquidity to the system in order to avoid a credit crunch. Could the eurozone survive the storm?

  Keywords: sovereign debt crisis; Currency areas; Financial Crisis; Borrowing and Debt; Currency Exchange Rate; International Relations; Banking Industry; European Union; Germany; France; Italy; Spain; Greece; Portugal;

  Citation:

  Roscini, Dante, and Jonathan Schlefer. "Can the Eurozone Survive?" Harvard Business School Case 713-034, May 2013. (Revised from original September 2012 version.)

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• Case | HBS Case Collection | 2013

  Europe: An Ever Closer Union?

  Gunnar Trumbull, Jonathan Schlefer, Diane Choi, Gunnar Trumbull, Jonathan Schlefer and Diane Choi

  In 2010, the European Union faces the challenges of the global financial crisis. With 27 member states, each facing different challenges, can new EU institutions respond effectively? Will its new currency, the euro, survive?

  Keywords: Financial Crisis; Money; Trade; Currency; Policy; Government and Politics; European Union;

  Citation:

  Trumbull, Gunnar, Jonathan Schlefer, and Diane Choi. "Europe: An Ever Closer Union?" Harvard Business School Case 713-085, April 2013.

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• Case | HBS Case Collection | 2013

  Europe: An Ever Closer Union?

  Gunnar Trumbull, Jonathan Schlefer, Diane Choi, Gunnar Trumbull, Jonathan Schlefer and Diane Choi

  In 2010, the European Union faces the challenges of the global financial crisis. With 27 member states, each facing different challenges, can new EU institutions respond effectively? Will its new currency, the euro, survive?

  Keywords: Financial Crisis; Money; Trade; Currency; Policy; Government and Politics; European Union;

  Citation:

  Trumbull, Gunnar, Jonathan Schlefer, and Diane Choi. "Europe: An Ever Closer Union?" Harvard Business School Case 713-085, April 2013.

  CiteView Details

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