Is there the will to save the eurozone?

Author (Person)
Series Title
Series Details 9.12.10
Publication Date 09/12/2010
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Commentary feature in which author asks Will the eurozone survive in its current form? To address this question, Martin Wof argues that there is a need to consider three more precise issues. First, how likely is a wave of sovereign defaults? Second, will the eurozone make the changes needed to prevent these? Third, could the eurozone survive them? His answers, in turn, are: quite likely; probably not; and perhaps – but not with certainty.

Related Links
ESO: Background information: Saving the euro: Bound towards a tense future http://www.europeansources.info/record/saving-the-euro-bound-towards-a-tense-future/
ESO: Background information: A growing crisis puts the euro in danger http://www.europeansources.info/record/a-growing-crisis-puts-the-euro-in-danger/
ESO: Background information: Europe’s leaders recoil from unity http://www.europeansources.info/record/europes-leaders-recoil-from-unity/
ESO: Background information: A hopeless Europe, unable to cope http://www.europeansources.info/record/a-hopeless-europe-unable-to-cope/
Daniel Gros: CEPS Commentaries, December 2010: All together now? Arguments for a big-bang solution to eurozone problems http://www.ceps.eu/book/all-together-now-arguments-big-bang-solution-eurozone-problems
Bruegel: Press Release, 9.11.10: A European mechanism for sovereign debt crisis resolution http://www.bruegel.org/pdf-download/?pdf=uploads/tx_btbbreugel/101109_Crisis_Mechanism_Press_Release.pdf&d=1
EPC: Commentary: Beyond austerity, December 2010 http://www.epc.eu/documents/uploads/pub_1182_beyond_austerity.pdf

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