The euro area has recently seen some good news. A broad-based economic recovery is under way. Significant institutional reforms have been achieved, particularly in the area of banking union. Significant economic reforms are under way in several countries, including in France.
As French and German economists committed to Europe and to the friendship between our countries, we are nonetheless concerned that the Euro area continues to face significant fragilities. Addressing these requires a comprehensive, collaborative push for reforms. If this … [continue reading]Read more