The contributions to this book examine the two main asymmetries of the Euro Area as they have intensified during the second decade of Economic and Monetary Union.

David Howarth is Professor of European Political Economy at the University of Luxembourg and a former Jean Monnet Chair at the University of Edinburgh; (co-)author or (co-)editor of four monographs, nineteen special issues/edited volumes and over ninety journal articles and chapters on European political economy topics.

Amy Verdun is Professor in European Politics and Political Economy at Leiden University and Professor in the Department of Political Science of the University of Victoria, B.C., Canada. She is the (co-)author or (co-)editor of two monographs, more than twenty books/special issues and over a hundred journal articles and chapters.

Introduction: Economic and Monetary Union at twenty: a stocktaking of a tumultuous second decade

David Howarth and Amy Verdun

1. EMU and political union revisited: what we learnt from the euro's second decade

Dermot Hodson

2. Sui generis no more? The ECB's second decade

Michele Chang

3. Economic and fiscal policy coordination after the crisis: is the European Semester promoting more or less state intervention?

Jörg S. Haas, Valerie J. D'Erman, Daniel F. Schulz and Amy Verdun

4. EMU and the Italian debt problem: destabilising periphery or destabilising the periphery?

Ton Notermans and Simona Piattoni

5. EMU and the Greek crisis: testing the extreme limits of an asymmetric union

George Pagoulatos

6. Euro adoption policies in the second decade - the remarkable cases of the Baltic States

Assem Dandashly and Amy Verdun

7. Democratic legitimacy in the post-crisis EMU

Ben Crum and Stefano Merlo

8. Gender, austerity, and support for EMU across generations

Susan Banducci and Peter Loedel

9. One money, two markets? EMU at twenty and European financial market integration

David Howarth and Lucia Quaglia

10. EMU's asymmetries and asymmetries in German and French influence on EMU governance reforms

Joachim Schild