Volume 46
July/August 2011 · Number 4

Editorial

• The Euro Area After Another Crisis Summit: Ignore the Elephant in the Room at Your Peril

  Waltraud Schelkle

Articles

• The Euro – a Story of Misunderstanding

  Heiner Flassbeck, Friederike Spiecker

• Ramifications of Debt Restructuring on the Euro Area – The Example of Large European Economies’ Exposure to Greece

  Ansgar Belke, Christian Dreger

• The Case of the ECB: Better to Lean Against the Wind than to Fight a Hurricane

  Christian Drescher

• “Buy National” and Protectionism in the Great Recession – Can It Work?

  Mario Larch, Wolfgang Lechthaler

• NYSE Euronext-Deutsche Börse Merger: Let the Dance Go On!

  Diego Valiante

• Cartel Detection – Is Market Share Volatility a Significant Indicator?

  Korbinian von Blanckenburg, Alexander Geist

Economic Trends

• Intangible Capital: the Key to Growth in Europe

  Hannu Piekkola