TABLE OF CONTENTS -- LIST OF FIGURES -- LIST OF TABLES -- INTRODUCTION -- CHAPTER ONE -- EUROPE IN CRISIS -- HOW TO ACCELERATE GROWTH IN EUROPE? -- JAPAN'S TWO LOST DECADES -- CHAPTER TWO -- THE EU BUDGET -- THE EURO CRISIS -- THE SOVEREIGN DEBT CRISISAND THE WEAKENING OF THE PILLARSOF THE ECONOMIC AND MONETARY UNION -- CHAPTER THREE -- THE CRISIS AS A TURNING POINTIN THE EUROPEAN CONVERGENCE MODEL -- CRISIS MANAGEMENT SIMILARITIESAND DIFFERENCES IN THE NEWLY ACCESSEDCENTRAL AND EASTERN EUROPEANCOUNTRIES -- THE ADEQUACY OF INFLATION-TARGETINGMONETARY POLICY AND EURO ZONEPARTICIPATIONFOR THE CENTRAL-EAST EUROPEANCOUNTRIES -- ADDRESSING THE CRISIS IN GREECE -- THE CAUSES OF SLOW GROWTH IN HUNGARY -- CONTRIBUTORS -- INDEX.