Thomas Lohnes/Getty Images

The Big Picture

Toward a European Monetary Fund?

For eurozone reformers, the current period of synchronized growth is an ideal time to push ahead with deeper integration, starting with a transformation of the European Stability Mechanism into a full-fledged European Monetary Fund. But is an IMF-style institution really what the eurozone needs?

Thomas Lohnes/Stringer
Emmanuel Macron and President of the European Commission Jean-Claude Juncker John Macdougall/Getty Images
Hannelore Foerster/Getty Images;

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.