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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?

Featured in this Big Picture

  1. Daniel GrosDaniel Gros
  2. Lucrezia ReichlinLucrezia Reichlin
  3. Kemal DervişKemal Derviş
  4. Barry EichengreenBarry Eichengreen

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