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The Crisis Europe Needs

Eichengreen, Barry, (2015), “The Crisis Europe Needs”, Social Europe Journal, 15 October

It’s hard to be optimistic about Europe. Last summer, a political cage match between Germany and Greece threatened to tear the European Union apart. In country after country, extremist political parties are gaining ground. And Russian President Vladimir Putin’s incursion into Ukraine, in the EU’s backyard, has turned the common European foreign and security policy into a punch line.

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