Economic matters have long dominated the life and work of the EU, at few times more intensely than since the breaking in 2009 of the crisis in the eurozone. The causes and effects of that crisis are deep and complex, involving a mix of design problems inherent in the euro, fallout from the global financial crisis of 2007–10, poor policy decisions by several eurozone states, and a failure by leaders of key EU member states to take decisive action. But so wrenching have been its effects — leading to speculation that the euro might be at risk, and indeed that the entire exercise of European integration might collapse — that economic matters have recently crowded out most others on the EU agenda.
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- Economic Policy
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- Chapter 7