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The Euro Zone Needs More Than a New Roadmap

Ferdinando Guigliano, (2017), “The Euro Zone Needs More Than a New Roadmap”, Bloomberg View, 15 December

When the European Council meets Thursday and Friday, one document for discussion will be the European Commission’s new plan for the future of monetary union. Many of the ideas are not so much innovative as useful. Others look difficult to enforce. Most importantly, the reform plan will remain yet another meaningless document until euro zone heads of governments actually spell out what they want.

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