If Europe wants to revive sustainable growth and high employment, it must replicate what has worked in those countries that have performed successfully. Doing so will cost money, and governments must be prepared to persuade their electorates that it would be money well spent.
PARIS – Some economists believe that this summer could mark the moment when some of the eurozone’s peripheral members may begin to be forced out; others think that such a scenario is inconceivable. All agree that, at least in the short term, a eurozone breakup would be disastrous for jobs and growth.
PARIS – Some economists believe that this summer could mark the moment when some of the eurozone’s peripheral members may begin to be forced out; others think that such a scenario is inconceivable. All agree that, at least in the short term, a eurozone breakup would be disastrous for jobs and growth.