Eurozone on the mend

The eurozone – the bloc of countries that use the euro common currency – is now emerging from an economic crisis that has lasted almost a decade.

The World Today Published 5 October 2020 1 minute READ

Alan Philps

Former Editor, The World Today, Communications and Publishing

Our cover story asks if the renewal of growth means the eurozone is strong enough to survive the next crisis, whenever it comes.

Economist Duncan Weldon finds that the determination to make the euro project succeed is undimmed, even if the flaws inherent in its creation are unresolved. Erik Jones steps back to take a broader view of the European Union.

The vision has gone, and with it the spirit of solidarity among the peoples of Europe. Richer states are less willing to help the poorer, who must now make themselves more self-sufficient.

Not surprisingly, Donald Trump is confident that even if the Republicans take a beating at the midterm elections in November, he will escape impeachment. This may turn out to be true, but the world can still expect a bumpy ride next year. Read the forecasts of Kathleen Hunter and Peter Trubowitz.

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