The work to stabilise the eurozone isn’t over. Reforms are necessary to avoid the abyss again ǀ View

Euronews | Dec 2, 2019 at 7:04 PM
  • There are two possible readings of the current situation in the eurozone.
  • Counter-cyclical stabilisation tools, such as the socially appealing European Unemployment Insurance, are still on the drawing board while a European Safe Asset that would help financial stability is lost in the details of the various possible schemes.
  • The proposed euro area budget is a pale version of a central fiscal capacity.