Europa Briefing: Convergence
Bertelsmann Stiftung

, Europa Briefing: Convergence: Are the Eurozone countries simply too different?

The Eurozone countries are economically different. The crisis has rendered some of these differences more acute and this could destabilize the currency union. The Eurozone countries therefore need to agree on which type of convergence is most important to them and the best way to achieve it. In what areas should they  converge? What differences could or should remain? And what policy instruments are required to achieve this?

The Eurozone countries are economically different. The crisis has rendered some of these differences more acute and this could destabilize the currency union. The Eurozone countries therefore need to agree on which type of convergence is most important to them and the best way to achieve it. In this briefing, we will show what will happen if there is no further alignment of the euro countries, and what European policy might agree on in order to increase convergence in the euro area.

The Bertelsmann Foundation and the Jacques Delors Institut – Berlin explain the key issues of European policy in the publication series "Europa Briefing" and present possible scenarios: What is the problem? How could it go on? And what can politics do now?  

All the publications of the joint European project with the Jacques Delors Institut – Berlin are available at www.strengthentheeuro.eu

The crisis has shown that a lack of convergence damages all euro-area countries economically and politically. It is therefore not hard to see why contributing to convergence is not only in the European but also in the national interest. No Country makes economic policy for itself alone. This is particularly true for the Eurozone.
Dr. Anna auf dem Brinke, Jacques Delors Institut – Berlin
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Publikation: Convergence: Are the Eurozone countries too different?

The Eurozone countries are economically different. The crisis has rendered some of these differences more acute and this could destabilize ...

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