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Natixis’ Head of Economics in IFR: Greece’s flirtation with European defenestration is usual story of Europe’s failures

Sylvain BroyerIn IFR’s special eurozone report, Dr Sylvain Broyer, Natixis’ Head of European economics discusses the inconsistencies at the heart of the eurozone’s design, the solutions that have only made matters worse, and the reluctance to make any decision today that can be put off until tomorrow. Indeed, as the impact of austerity was felt disproportionately by the poorest, with the rich Greeks walking free, Sylvain believes that the ECB and other EU representatives acknowledge the impact this had on social unrest and are acutely aware of the mistake made.

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