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The Lesser Evil for the Eurozone

Jean Pissany Ferry, (2018), “The Lesser Evil for the Eurozone”, Project Syndicate, 27 March

For three decades, the consensus within the European Commission and the European Central Bank on the need for market reforms and sound public finances has been strong enough to overcome opposition in small countries and outlast procrastination in large ones. Today, however, the eurozone playing field has become a battleground.

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