Natixis: Leaps are needed to pull eurozone out of crisis

Two drastic steps in institutional policy are needed to permanently solve the eurozone crisis, says Patrick Artus, chief economist at Natixis. One, the region should start a process of joint financing (i.e. pooling of debt), and two, components of federalism need to be implemented. His article on the subject, published as a guest commentary for International Financing Review, was the leading story on the publication’s website. He says that the region needs more than policy-makers’ willingness – there must be commitment to change from reaction to restoration.

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