Some 75 years in the making, the eurozone as it currently exists has generally succeeded in its aims of establishing shared institutions, political constraints and economic benefits: a single currency, open borders, free trade agreements—and until 2008—flourishing growth. But cracks that began showing throughout 2015 this year show no sign of closing.
Some 75 years in the making, the eurozone as it currently exists has generally succeeded in its aims of establishing shared institutions, political constraints and economic benefits: a single currency, open borders, free trade agreements—and until 2008—flourishing growth. But cracks that began showing throughout 2015 this year show no sign of closing.