Jacob Funk Kirkegaard says that ending the euro or taking a vacation from the common currency would mean the end of European integration and the European Union. He explains that the enormous capital flight from any country that tries to leave the euro would be much worse than anything Greece has faced in the last five years.
http://brookings.edu/europesfate
In a new Brookings Essay, Monnet's Brandy and Europe's Fate, Brookings President Strobe Talbott tells the story of Jean Monnet and demonstrates how his vision of integration may serve as a guide to ending the current eurozone crisis.
brookings institution events Undoing Euro Would Be End Of European Integration | |
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