Current Size: 68%
To free the eurozone, public investment, tax cuts and monetary stimulus are needed.
France is not yet the 'sick man of Europe', but it is ailing thanks to swallowing too much bad medicine prescribed by Brussels and Berlin.
A number of member-states are unenthusiastic about further EU enlargement, but has the EU grown as much as it is going to?
The banking union is a work in progress but a significant step in the right direction. However, it will not be enough for a proper recovery.
Aggressive fiscal and regulatory policies are needed to counteract the effects of divergent real interest rates in the eurozone – but this is not happening.
The gap between the eurozone’s richer and poorer members is as wide as in 1999 and is growing. Poorer prospective members should take note.
Eurozone governance is politically unsustainable: its rules and institutions favour creditor over debtor countries. Eurozone policy-makers need to change direction before it is too late.
German investment is low while German borrowing costs are at record lows. Convincing the German government to invest will not be easy, for political reasons.
To contact one of our experts for comment please either call +44 (0) 20 7233 1199 or email: email@example.com