Europe’s problems are mostly home-grown

With sustained economic recovery under way and another successful enlargement of the European Union completed, Europe should finally have something to cheer about. Instead, reform fatigue has gripped many policymakers, and Europe’s citizens seem intent on blaming the EU and globalisation for their countries’ woes. Michael Deppler, head of the IMF’s European Department, explains why Europe must face up to its problems and press ahead with much-needed reforms.