Eurozone could fall apart due to slow economic reforms, says report

The eurozone risks breaking up in the near future putting the entire EU single market into jeopardy unless member states – particularly Italy - undertake crucial economic reforms, according to a new report.

Entitled Will the eurozone crack?, the report by the London-based Centre for European Reform, argues that instead of European Monetary Union in 1999 leading to progress in the reform needed for membership of a single currency zone, it resulted in national governments becoming ...