Brussels sees upcoming EU-US summit as 'strategic'

Brussels sees upcoming EU-US summit as 'strategic'

Press quote (EurActiv)
Philip Whyte
24 November 2011

According to Philip Whyte of the CER, the eurozone is in no worse economic position than the US: its public finances are in better shape than the US's and its overall level of private sector debt is actually lower. But the eurozone's structure makes it more fragile monetary union than the US.