This site is for archive purposes. Please visit www.eliamep.gr for latest updates
Go to Top

Can Trump Save the Euro?

Gros, Daniel, (2016), “Can Trump Save the Euro?”, Project Syndicate, 6 Δεκεμβρίου

Europe has just endured two more difficult tests. While Austrian voters rejected the possibility of the European Union getting its first far-right head of state, Italians delivered a stinging rebuke to their government – and opened the way for populist forces to come to power. Add to that a Brexit that has yet to unfold and the eurozone’s still-lackluster economic performance, and the survival of the common currency is far from guaranteed.

With the euro taking the blame in recent years for Europe’s many economic travails (from a double-dip recession to a slow and uneven recovery), nationalist, Euroskeptic, and populist political movements have gained ground. Austria has sidestepped their advance, but Italy may not.

Σχετικές Αναρτήσεις