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A rift that never healed: How old divisions are undermining the Eurozone's future

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Article

Katsikas, Dimitrios

London School of Economics and Political Science

LSE - London

2020

epidemic disease ; economic recovery ; EMU

EU countries

EMU and International monetary system

https://blogs.lse.ac.uk/europpblog/2020/04/16/a-rift-that-never-healed-how-old-divisions-are-undermining-the-eurozones-future/

English

"consequences of the Covid-19 outbreak. Dimitris Katsikas writes that without a sizeable common funding mechanism, the danger is that European economies will be on very different fiscal and macroeconomic trajectories once the health crisis is over. However, the correction of these imbalances would come at a high economic and political cost, and further divisions between states could ultimately put the future of the Eurozone at risk."

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