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Who needs more integration anyway?
Report

Who needs more integration anyway?

Next steps for growth and reform in the euro zone

EIU, 2017

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Editorial Rating

8

Qualities

  • Overview
  • For Experts
  • Hot Topic

Recommendation

Since the global financial crisis, efforts by the European Union to undergird the region’s financial infrastructure have borne fruit, with economic recovery likely to persist through the 2018–2022 time horizon. But, according to this informative analysis from the Economist Intelligence Unit, calls for further euro-zone fiscal union will not reduce the actual risks threatening the single-currency area. getAbstract recommends this erudite and relevant report to policy experts and economists.

Take-Aways

  • Economic indicators bode well for the future of the euro zone, whose growth jumped to 2.3% in 2017’s second quarter.
  • Structural reforms since the global financial crisis, such as the European Stability Mechanism, have helped integrate the euro-area economies and mitigate the prospect of a break-up.
  • As economic conditions have improved, euro-area members’ backing for the euro zone has risen to 73%, a level not seen since 2004.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.