The Euro Crisis
From Local Economy
In the light of recent developments, like the rise of new Greek Prime Minister Papademos, current commentators on the euro crisis can be read with new eyes. This review article The euro crisis sums up and analyses some key books both looking at the history of the eurozone and trying to understand the fiscal crisis in Europe. Ireland and Greece (see also this article for further comments on the Greek experience) are given particular attention. The author agrees with commentator Matthew Lynn that Eurozone might be a ‘deeply flawed project’, but suggests a tougher, better Eurozone might just emerge from the crisis.