For the last two years, the world has closely watched an economic crisis unfold in the Eurozone. In a new Brookings interactive examining the Eurozone crisis, 14 Brookings scholars closely analyze the EU’s stabilization efforts and make their own recommendations for a stronger union going forward. Senior Fellow Justin Vaïsse and Fellow Douglas Elliott summarize the findings of the Brookings Survey on Eurozone Progress.
For the first time, a major economy is saying: We will be better off doing things by ourselves, and making our own decisions. And that's a bit of a shock to the system.