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dc.contributor.advisorAbenheim, Donald
dc.contributor.advisorTsypskin, Mikhail
dc.contributor.authorDean, Darin C.
dc.dateSep-13
dc.date.accessioned2013-11-20T23:36:01Z
dc.date.available2013-11-20T23:36:01Z
dc.date.issued2013-09
dc.identifier.urihttp://hdl.handle.net/10945/37610
dc.descriptionApproved for public release; distribution is unlimiteden_US
dc.description.abstractThe Federal Republic of Germany has arisen to take a leadership position in the Eurozone sovereign debt crisis. This quasi depression has highlighted the economic interdependence of the Eurozone member states and has exposed the fundamental weakness of the lack of a political union between members to coordinate a timely fiscal response. This thesis examines why the Federal Republic of Germany became the cornerstone for Eurozone monetary stability; how the country contributed and what it has sacrificed thus far towards the crisis; and surveys what Germany must do in the future to ensure European financial stability. Germanys current commitment to the continent is examined here through the treaties that economically linked the European nations and formed the foundation for the Eurozone. In addition, the weaknesses of periphery member states that contributed to the crisis and the substantial sovereign economic bailouts and recovery packages that have been enacted by the Troika are analyzed. The thesis then examines the three options that are available to the Eurozone: to continue to muddle through the crisis, to enact substantial reforms, or to splinter and break-up the Union. The results support the choice for greater political integration and the need for the issuance of Eurobonds.en_US
dc.description.urihttp://archive.org/details/germanyeuropeuni1094537610
dc.publisherMonterey, California: Naval Postgraduate Schoolen_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. As such, it is in the public domain, and under the provisions of Title 17, United States Code, Section 105, may not be copyrighted.en_US
dc.titleGermany, the European Union, and the Euro: the primacy of politics in treasureen_US
dc.typeThesisen_US
dc.contributor.departmentNational Security Affairs
dc.subject.authorGermanyen_US
dc.subject.authorEuropean Unionen_US
dc.subject.authorEuroen_US
dc.subject.authorEurozone sovereign debt crisisen_US
dc.subject.authorEuropean economyen_US
dc.subject.authorEurobondsen_US
dc.description.serviceLieutenant, United States Navyen_US
etd.thesisdegree.nameMaster Of Arts In Security Studies (Europe And Eurasia)en_US
etd.thesisdegree.levelMastersen_US
etd.thesisdegree.disciplineSecurity Studies (Europe And Eurasia)en_US
etd.thesisdegree.grantorNaval Postgraduate Schoolen_US


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