The possibility that the euro area might break up was being raised even before the single currency existed. These … scenarios were then lent new life five or six years on, when appreciation of the euro and problems of slow growth in various … unlikely, I argue here, that one or more members of the euro area will leave in the next ten years; total disintegration of the …

"This book presents a new narrative on the Eurozone crisis. It argues that the common currency has the potential to … kill the European Union, and the conventional wisdom that the Eurozone can be fixed by a common budget and further … the Eurozone or dissolve it while keeping the EU and the single market. Contrary to the view that it would be best if the …

have had even worse results for Germany. Fragility and divergence undermine the euro's longterm survival. -- German …