The single currency appears to be on an upward trajectory. But experts say the eurozone isn’t out of the woods yet.
As lenders decide on Greece’s post-bailout future, some say it may not differ much from its bailout present: targets, compliance and disbursements. DW talked with Alexander Kritikos, an expert on Greek political-economy.
The European Central Bank wants to end its €2.4 trillion bond-buying program at the end of 2018, calling time on a policy that is credited with reviving the eurozone but may come too soon for some debt-laden countries.
Political turmoil reigns again in Italy, and the likelihood of an anti-euro government taking charge is stronger than ever. For the EU, an Italian euro-exit is unthinkable and would make Brexit look like a picnic.
The idea that the European Central Bank would become so big and powerful was something that its founders did not expect 20 years ago. In fact it has become more powerful the more the monetary union has been threatened.
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