Greece eurozone Louisa Gouliamaki/AFP/Getty Images

Europe’s Reform Opportunity

The EU has emerged from the most dangerous phase of the eurozone crisis, but it isn't out of the woods yet. Barring the worst-case scenario of populist victories in the French and German elections this year, European leaders should seize the moment to pursue more ambitious reforms.

BRUSSELS – The eurozone crisis is far less dangerous now than during its peak years of 2010-2013. Growth has picked up across the European Union, and five million jobs were created between 2014 and 2017.