Euro at 20

Euro, at the age of 20, has shown a limitation even if it contributed to the integration of Eurozone. The inability of monetary policies that the single currency brought to southern countries of Europe has put constraints on policy space of those countries, widening the gap between northern and southern countries.

www.economist.com/briefing/2019/01/05/the-euro-enters-its-third-decade-in-need-of-reform

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