'Enrico Marelli and Marcello Signorelli provide an excellent analysis of the causes of the Eurozone crisis and of the strategies that we will have to follow to ensure the survival of the Euro.' - Paul De Grauwe, Professor of European Political Economy, London School of Economics, UK 'After...

This chapter reviews the recent economic situation, trends and perspectives of the Eurozone. First, we summarize the main features of the double crisis that hurt the euro area since 2008–2009, including the more recent slow recovery. Second, we discuss the policies adopted in the Eurozone...