Commentary
Nathalie Tocci, Jan Techau
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Source: Getty
In The Media
Does the Eurozone Have a Future?
Although there is still great concern for the eurozone, the discourse has moved from predicting an immediate downfall a year ago to discussing the necessity of economic reform in the continent.
By Jan Techau
Published on Jun 17, 2013
Source: Polskie Radio
Speaking on Polskie Radio, Carnegie Europe’s Jan Techau discussed the future of the eurozone. He explained that the worst is now over for the Europeans. Even though many problems remain, there has been a shift in the popular perception of the situation, which is in many ways more important than the situation itself. Techau said that although there is still great concern for the eurozone, the discourse has moved from predicting an immediate downfall a year ago to discussing the necessity of economic reform in the continent, more specifically in the south. He warned that the greatest concern right now is France, as stability in Europe depends on the stability of Franco-German cooperation. Techau concluded that despite its failings, the eurozone still remains an attractive model, pointing to Poland’s interest in joining the eurozone as evidence of its continuing appeal.
About the Author
Jan Techau
Director, Europe Team, Eurasia Group
Techau is director with Eurasia Group's Europe team, covering Germany and European security from Berlin. Previously, he was director of Carnegie Europe.
- Can Europe Trust the United States Again?
- Pre-Reformation Europe and the Coming SchismCommentary
Jan Techau
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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