Fixing Europe


The word on the streets (or at least in the offices) in Brussels seems to be that the euro crisis is over, and that now all that is needed is a patching up job to make sure things do not happen the same way again. But are those who say it's over really just being complacent, and does that mean that something more fundamental than a patching up job is needed?

John Peet, the Europe editor at The Economist, and a great friend of ECFR, has co-authored a book that examines exactly these questions (with Anton La Guardia, The Economist's Charlemagne columnist). The book is called "Unhappy Union: How the euro crisis – and Europe – can be fixed", and it carries some blunt words for those that the authors believe are being rather too complacent about Europe and the euro crisis.

We've put together a couple of podcasts exploring the ideas in the book, following a Black Coffee Morning in ECFR's London office. In the first, John Peet argues that the crisis is not over and that it would have been better if the crisis had started in Ireland rather than Greece (among many other things!).

In the second podcast, David Marsh of the Official Monetary and Financial Institutions Forum gives his response. He thinks there is too much complacency among those who think the crisis really is over, and makes the argument that policy makers need to pay more attention to the views of the people of Europe - even if they express those views by voting for populist parties.



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