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How to Fix the Euro

Strengthening Economic Governance in Europe

By Federico Steinberg, Miguel Otero-Iglesias, and Stephen Pickford

The global economic and financial crisis that started in 2007 exposed serious flaws in the euro’s original design. This report examines why Europe’s economic and monetary union was so badly affected by the crisis, and assesses whether further changes need to be made to the structure of economic governance that underpins it.

A Chatham House, Elcano and AREL Report

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