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Volume 54, March/April 2019, Number 2 · pp. 90-95


The Euro at 20: Still a Project Projected to Fail?

Adalbert Winkler

Anniversaries trigger stocktaking about what has been achieved and what has gone wrong. This holds true for the twentieth anniversary of the creation of the euro. Several reviews continue to see the euro as a project expected to fail, mainly referring to arguments made before the euro was launched. In the language of evaluation reports, they suggest that the overall impact of the euro has been negative.


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