Category Archives: Eurozone

Eurozone Can’t Survive in Current Form, Says PIMCO

Single currency area must become a “United States of Europe” in order to secure its future, says manager of world’s largest bond fund. By Szu Ping Chan The eurozone is “untenable” in its current form and cannot survive unless countries are prepared to cede sovereignty and become a “United States of Europe”, the manager of Read More

The Economic Consequences Of Greece

Authored by Alberto Bagnai, Brigitte Granville, and Antoni Soy, originally posted at Project Syndicate, The first sentence of the 1957 Treaty of Rome – the founding document of what would eventually become the European Union – calls for β€œan ever-closer union among the peoples of Europe.” Recently, however, that ideal has come under threat, undermined Read More