The Challenges Facing the Eurozone

June 01, 2020

The current public health crisis has become a major challenge for European economies. It particularly affects countries in the southern part of the eurozone, as they are still suffering from the effects of the euro debt crisis of 2009-12. In the absence of a convincing fiscal policy response from...

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Italy Must Leave the Eurozone

May 20, 2019

Italy joined the eurozone in 1999 under the leadership of Prime Minister Massimo D'Alema of the Democratic Left party. This fateful participation, which entailed the complete loss of independent monetary policy, is undoubtedly the main cause of the disappointing performance of the Italian...

Expect to See Croatia in the Eurozone

December 06, 2018

In this edition of The Interview, Fair Observer talks to Ivan Jakovcic, a member of the European Parliament and former Croatian minister of European integration. Croatia is a nation of about 4.1 million people. Situated at the crossroads of central and southeastern Europe, it is the newest...

Tectonic Plates Have Shifted in the Eurozone

February 27, 2018

In this edition of The Interview, Fair Observer talks to the EU commissioner for economic and financial affairs, taxation and customs, Pierre Moscovici.  President Donald Trump's election marked a new turn in US-EU relations. It is an environment dominated by tension, mutual suspicion and the...

Europe: Moving at Different Speeds

May 10, 2017

A multi-speed Europe presents an attractive alternative to the current EU structure. But is it feasible? European leaders gathered on March 25 to commemorate what should have been a momentous occasion: the 60th anniversary of signing of the Treaty of Rome, which established the European...