Preparing for the Green Exit
With Europe's single currency on the precipice, the necessity of greater fiscal and economic coordination is clear, though this will take time. Even so, more can be done to smooth the fiscal and economic adjustments that must take place in the troubled countries on the eurozone’s periphery.
https://prosyn.org/HNzhmTM
PARIS – Underpinning European integration is the belief that unity between nations should bring shared prosperity instead of social, political, and economic turmoil. But today’s debt crisis has exposed a fundamental weakness in the eurozone’s architecture: insufficient integration.