| ID | 121572 |
| Title Proper | Europe |
| Other Title Information | strategic drifter |
| Language | ENG |
| Author | Grygiel, Jakub |
| Publication | 2013. |
| Summary / Abstract (Note) | THE EUROPEAN Union's unfolding crisis tends to be seen as purely economic in nature and consequence. The EU is a common market, with a common currency adopted by most of its members and with fiscal problems of one kind or another facing almost all of its capitals. Most analyses of the euro crisis focus, therefore, on the economic and financial impact of whatever "euro exit" may occur or of a European fiscal centralization. In the worst case, they project a full-fledged breakup of the common currency and perhaps even the EU itself. Not much can be added to this sea of analysis except a pinch of skepticism: nobody really knows the full economic impact, positive or negative, of such potential developments. In fact, not even European leaders seem to have a clear idea of how to mitigate the economic and political morass of the Continent. While it is certain that the EU of the future will be different, it isn't clear just how. |
| `In' analytical Note | National Interest vol. , No.126; Jul-Aug 2013: p.31-38 |
| Journal Source | National Interest vol. , No.126; Jul-Aug 2013: p.31-38 |
| Key Words | European Union ; Common Market ; Euro Crisis ; Common Currency ; Economies |