Pisani-Ferry, Jean; Sapir, André - 2009
structure would be, but they shared
the same dream: both expected the euro to accelerate
integration.
Reforms of limited … influence. Is the in-
complete character of European integration bound to be
perceived as a lingering weakness? Or is the rest …-month moving average of monthly break-even rates)
Source: BIS, Bruegel calculations
3
3. On the basis of EU Commission forecasts …