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The experts' view on the euro's future: it doesn't have one

Publié par Clifford Armion le 02/02/2012

Oliver Wright

The eurozone cannot survive in its current form - that is the alarming prediction of top economists and politicians of all political hues, among them the former Chancellors Alistair Darling, Nigel Lawson and Norman Lamont.

In interviews and articles for The Independent today, the experts were asked for their short-term and long-term predictions for the future of the euro. While most believe the eurozone may well survive the current Greek debt crisis - especially given the political will invested in preventing a disorderly default - none is confident that the contagion could be contained, and most believe the new European Fiscal Compact agreed in principle on Monday is unsustainable as it would take key financial powers from national governments - and their electorates.

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Pour citer cette ressource :

"The experts' view on the euro's future: it doesn't have one", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), février 2012. Consulté le 30/09/2020. URL: http://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/the-experts-view-on-the-euro-s-future-it-doesn-t-have-one