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Europe Stretched to the Limit
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Europe Stretched to the Limit

The Economist Intelligence Unit
EIU, 2016
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Editorial Rating

8

Recommendation

The European Union is in the midst of political and economic turmoil that calls into question its ability to weather further storms as a single front. For the most part, the EU has engaged in “a messy process of muddling through,” with responses that result in neither disaster nor a permanent solution. While such policies may fall short of addressing the region’s problems over the long term, they may be adequate in the medium term. This authoritative outlook from the Economist Intelligence Unit offers a sobering take on the EU to 2020, which getAbstract recommends to those concerned about migration, Brexit, Grexit and other major issues, particularly now that Brexit is a reality.

Take-Aways

  • Migration issues in the European Union force Germany to confront vexing political and cultural problems and put Greece in an potentially catastrophic economic position.
  • If Britain leaves the EU, the likelihood of negative short-term economic and political consequences are high. A 60% chance exists that Greece will leave the EU by 2020.
  • Forecasts call for interest rates to remain low and for overall regional productivity to change little by 2020.

About the Author

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

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    P. G. getAbstract 8 years ago
    Well, you can't fault the writers - their prediction about Mr Cameron was proven correct already

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