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The Survivability of the Euro, Part I: Reform, Relevance and Robustness

Invesco’s Future of Europe series aims to address some of the most pressing questions surrounding the euro, the eurozone (EZ) and the European Union (EU), whilst also examining Europe’s troubled past, uncertain present and possible future. The second paper in the series, The Survivability of the Euro, comprises three parts, of which Reform, Relevance and Robustness is the first. In this paper we analyse the vital issue of imbalances between member states and explore the conflicts that they generate.

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They say they want a revolution

The way market participants are investing is changing rapidly for many – on one side we see an increasing need for reduced costs, and on the other, value added is becoming ever more important.

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