Europe’s Procrustean Nightmare
Although the euro has become an economic nightmare, inciting unrest within – and distrust among – EU member states, few dare to challenge its structure, let alone propose alternatives. But it is increasingly clear that escaping the crisis will require a fundamental reassessment of the current one-size-fits-all monetary union.
https://prosyn.org/NJh7mm7
MANNHEIM – The European Union’s policy of saving the euro at all costs is enough to guarantee the euro’s survival. But is preserving the “one-size-fits-all” euro really worth sacrificing the eurozone’s competitiveness and, ultimately, European solidarity?