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Foreword: Joaquín Almunia Amann, Commissioner for Economic Affairs of the European Union (2004-2009)

The Euro in the 21st Century explains the creation and evolution of the euro,empirically demonstrates that it has become a true common currency, which and the eurozone in a truly optimal monetary zone and model to emulate.This book analyzes the political, economic and monetary requirements necessary to introduce a common currency, as well as the theoretical foundations of both the European integration process and the historical economic, monetary, political and social circumstances that favored the birth of the economic and monetary union. Furthermore, this book explains how economic and monetary circumstances affected the euro project through the analysis of three fundamental questions. It studies how the economic chaos and financial turmoil that has affected the euro zone and the global economy since 2008 has affected not only the single currency regime but also the current image of the euro around the world. Furthermore, this book summarizes the lesson to be learned from what can be considered "the first euro crisis".

Este libro se basa y contribuye a varios cuerpos de literatura dentro de Political Economy, Economics and International Relations and is particularly relevant at this time given that the current current economic imbalances are causing some eurozone member states to reconsider their economic views. and politicians on the euro.

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Prólogo: Enrique Barón Crespo, presidente del Parlamento Europeo (1989-1992)

The European Union (EU) and the Eurozone became the example of economic integration to follow until the global economic crisis of 2007 called into question the entire economic integration process, the European project in jeopardy and the euro under pressure, with serious doubts that he could survive his first crisis.

This book seeks to explain the difficult political, economic and fiscal idiosyncrasies of all member states to explain the reasons for the economic crisis. Furthermore, he argues that the institutional response to justify the crisis is wrong and dangerous because it does not solve the main underlying problem: the profound differences between member states in their understanding of economic and financial behavior. This study counters the main institutional explanation for the economic crisis that has affected the entire EU.

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