Realizing the euro’s full potential is up to us
Will the common currency still be around in 2020? Ridicule me in ten years, but I am certain that it will be. It is not very common these days to defend the euro; and it is even less common to praise it as one of the main, positive, achievements of the European integration project. This however, is what this article sets out to do. Voices defying the status quo in reporting and public opinion are needed to prevent the onset of a negative self-fulfilling prophecy. The constant reporting on and prognosis of a collapse of the Eurozone will lead to just that: the end of the common currency. Differentiated analysis of the euro’s weaknesses is in order; hysterical blabbering about the euro’s apparently imminent end is not.