To save the eurozone, reform its governance

Commentary feature. Author writes that 'The European rescue package' of May 2010' has changed the odds about the future of the eurozone in two ways. It has reduced the probability of a collapse within the next three years - and increased the odds within the next 10 years.

ESO: Background information: Danger zone http://www.europeansources.info/record/danger-zone/

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