16-06-2017 07:00 via theguardian.com

The eurozone must reform or die | Kenneth Rogoff

Many EU politicians are loath to admit it, but the status quo is probably not sustainable; there must be either greater fiscal integration or a break-upWith the election of a reform-minded centrist president in France and the re-election of the German chancellor, Angela Merkel, seeming ever more probable, is there hope for the stalled single-currency project in Europe? Perhaps, but another decade of slow growth, punctuated by periodic debt-related convulsions, still looks more likely. With a det
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