No break-up: the euro needs parental love

Commentary feature. The eurozone crisis is a matter of Europe’s politics, not the currency’s economics, says Martin Sandbu.

If monetary union has not lived up to expectations, we must put our eyes back on the prize: European growth buttressed by a huge home market deepened by freedom from currency fluctuations. Blaming the euro for Europe’s woes is like chastising a child for falling short of her potential. As disappointing as the young adult may turn out, it cannot be better to dismember her than to focus on what was so promising in the first place.

ESO: Background information: Find other Commentary Features in ESO on Challenges facing EMU http://www.europeansources.info/advSearchLink?keyword=commentary%20feature%20emu%20challenges%20&searchOption=all

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