Research and Markets: Eurozone: Into The Abyss
March 15 2012 - 1:50PM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/bb75d4/eurozone_into_the)
has announced the addition of the "Eurozone: Into The Abyss" report
to their offering.
The eurozone is currently staring into the abyss. The early
December EU summit did little to tackle the long term problems of
the eurozone's peripheral member states. They look set to remain
mired in slow real GDP growth and a poor external competitiveness
paradigm, with few available policy levers with which to tackle a
potential banking system and sovereign debt crisis.
In order to help clients assess the potential risks faced by the
eurozone as a whole, and key individual member states, we have
compiled the best of BMI's analysis from the past year on the
region's economic and political outlook. Our core view remains that
the eurozone will hold together, simply because national capitals
and Brussels perceive the risks associated with one or more states
leaving the bloc to be far greater than the benefits to be derived
from the introduction of national currencies.
In order to maintain the currency union we believe that the
eurozone member states will have to undertake further fiscal
co-ordination and economic integration. The risks to this scenario
are growing, however, and we do not rule out the possibility of a
country leaving the eurozone or a major restructuring of the single
currency. We see potential triggers including a series of failed
debt sovereign debt auctions, a renewed round of bank failures,
high levels of youth unemployment becoming structural and the
election of an anti-euro government in one or more member
states.
Key Topics Covered:
- Eurozone: Into The Abyss
- EU Summit: More Smoke And Mirrors
- Table: EU Summit Proposals
- The Unthinkable: Eurozone Break-up Scenarios
- Tables
For more information visit
http://www.researchandmarkets.com/research/bb75d4/eurozone_into_the