Who needs more integration anyway?

Who needs more integration anyway?

Next steps for growth and reform in the euro zone

EIU, 2017

Editorial Rating



  • Overview
  • For Experts
  • Hot Topic


Since the global financial crisis, efforts by the European Union to undergird the region’s financial infrastructure have borne fruit, with economic recovery likely to persist through the 2018–2022 time horizon. But, according to this informative analysis from the Economist Intelligence Unit, calls for further euro-zone fiscal union will not reduce the actual risks threatening the single-currency area. getAbstract recommends this erudite and relevant report to policy experts and economists.


Economic indicators bode well for the future of the euro zone. In 2015–2016, average annual GDP growth reached 1.8% and jumped to 2.3% in 2017’s second quarter. A healthier employment situation is driving the advance: The jobless rate declined from 12.1% early in 2013 to 9.1% as of mid-2017. An accommodative European Central Bank (ECB) has supported the single currency and stimulated the economy, enabling businesses and households to deleverage. A run of low oil prices in 2014 and 2015 put more money in consumers’ pockets, and housing and construction have rebounded. Analysts expect that remaining economic...

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

More on this topic

By the same author

Industries in 2018
Global Food Security Index 2017
For the euro there is no shortcut to becoming a dominant currency
The Germany Shock
EU Debt as Insurance Against Catastrophic Events in the Euro Area
The European Green Deal
EU Recovery Fund
An Effective Economic Response to the Coronavirus in Europe

Related Channels