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2018-11-19

The End of the Euro Is Closer Than You Think

The most plausible solution to the latest impasse appears to be “Italexit”— Italy’s secession from the euro zone. 


Europe has always been a disunited continent, with broad ethnic, cultural, linguistic, political, and economic divides. 

Given these disparities, the imposition of a single currency on a population that now totals 340 million people arguably has been doomed from the start.


Avi Tiomkin Barron's Nov. 16, 2018



Italy’s Threat to the Euro
Desmond Lachman, America Enterprise Institute, November 18, 2018

Italy, the Eurozone’s third largest economy, is coming under increased market pressure fueled by doubts about the country’s economic outlook and the sustainability of its public finances. 

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