Investor Matthias Weik believes the eurozone will fall apart in 2017! He says Greece will not benefit from further bailouts, and that its debts will inevitably have to be written off. And what about France and Italy? The future does not look bright.
Unemployment in the eurozone in November fell unexpectedly to its lowest rate in more than 10 years. But youth unemployment in Italy, Spain and Greece remains above 30 percent.
The European Commission has for the first time ever rejected the budget of a member state, as it said the spending plans of Italy's populist government were violating the bloc's debt limit and needed revision.
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.
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