The Year the European Crisis Ended

1. Front Matter

   Pages i-xiv

   PDF

2. Europe Decides to Act

   • Erik Jones

   Pages 1-27

3. The Markets Respond

   • Erik Jones

   Pages 28-54

4. Risk Returns through Italy and Cyprus

   • Erik Jones

   Pages 55-87

5. The European Crisis Comes to an End

   • Erik Jones

   Pages 88-122

6. Epilogue: Beyond the European Crisis

   • Erik Jones

   Pages 123-124

7. A Word about Sources

   • Erik Jones

   Pages 125-125

8. Back Matter

   Pages 126-129

   PDF

The author narrates the end of the European crisis from the June 2012 European Council summit through the bailout of Cyprus. Paying particular attention to political developments in Italy, the book shows the fragility of market confidence and the waving attitudes of political elites.

• European Central Bank
• European crisis
• banking union
• outright monetary transactions
• Target2 imbalances
• Italy
• Cyprus
• euro
• development
• Europe
• european union politics

"The Eurozone crisis threw a bewildering array of factors, actors, institutions and rules in the faces of those who sought to divine what was actually going on. In the midst of the crisis few of us thought to provide the world with a week-by-week summary and analysis of events. And yet Erik Jones has done just that, giving scholars and policymakers perhaps the definitive timeline of what went wrong, where, and why." - Mark Blyth, author of Austerity: The History of a Dangerous Idea (2014)

"A really good idea, really well implemented. Jones tackles a year of the eurozone crisis with typical verve and originality. The reader can follow events enfolding, and gain a profound insight both into the decisions taken, the rationales behind them, and their potential implications." - Anand Menon, Professor of European Politics and Foreign Affairs, King's College London, UK

• School of Advanced International Studies, The Johns Hopkins University, USA

  Erik Jones

• Nuffield College, Oxford, UK

  Erik Jones

Erik Jones is Director of European and Eurasian Studies, School of Advanced International Studies, The Johns Hopkins University. He is also Senior Research Fellow at Nuffield College, UK, and a contributing editor of Survival.
 

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