Abstract

Professor Huerta de Soto has proposed a defense of the Euro using the argumentation of the Austrian School of economics. Huerta de Soto main argument relies on the federal monopoly of money is a preferable situation than the monetary nationalism that prevailed before. Our article aims to open a debate on the question of the Euro. The main argument used in the discussion relies on the fiscal question. Public deficits and public debts in the Euro zone seem to dominate monetary institutions issues.