A magnificent achievement, but still a political liability
The pan-continental currency is now two decades old, and its advocates want deeper European integration to support it. But can an ambitious agenda survive the fraught politics of modern Europe?
Trust an Italian to use a carnal metaphor to sum up the difficulties facing the euro, without making it sound tacky.
Addressing an audience of political and fiscal A-listers in Brussels last week, Beppe Severgnini, a columnist with the Milanese broadsheet Corriere della Sera, offered this metaphor for the problem Europeans face when trying to get excited about the euro: “It’s like trying to rekindle the sex drive of a middle-aged man by reading to...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures