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Optimising the Eurozone

Optimising the Eurozone

It is often said that the Eurozone's unemployment problem arises from the fact that it is not an optimum currency area. But the real problem is Eurozone governance.

A terrible stability

A terrible stability

Unemployment across the EU is shockingly high, and inflation shockingly low. And they appear to be stabilising at these levels. Is a toxic equilibrium developing?

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