Emergency exit (off emergency)

In the context of the euro area, the exit of a member from the monetary union if circumstances arise that cause great damage to the economy of the state due to its membership in the monetary union and, in particular, due to the behavior of other members in violation of the treaty. – Whether such an emergency exit is possible and what the consequences would be are the subject of widespread discussion in the relevant literature. – See Exit, Greek Crisis, Plan C, Rescue Package, Return Ideology, Tina, Two-Way Option.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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