Eurozone at 15: A Monetary Union Without Growth?

  • Reference: DARDEN-GEM-0136-E

  • Number of pages: 22

  • Publication Date: Jul 15, 2015

  • Fecha de edición: Jan 7, 2016

  • Source: Darden University of Virginia (USA)

  • Type of Document: Case

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Description

In 2015, the eurozone had been in and out of recession for seven years and had slipped into deflation. This case presents a brief history of the eurozone and allows students to consider the growth prospects for the union. Is the eurozone damned to a decade of economic contraction? Or is the worst behind it?

Keywords

austerity Deflation eurozone quantitative easing