Growth in the eurozone could potentially outstrip the UK and the US this year as the recovery in the 19-member bloc becomes more resilient. That statement probably seemed unimaginable even two years ago. When the economic crisis erupted in 2008, the incomplete architecture of monetary union threatened to rupture the eurozone. Greece has come close to leaving on a few occasions and the failure to agree a comprehensive debt deal could lead to renewed question marks over its future. It was enough to end the acute phase of the crisis but…

Source: The Times June 06, 2017 00:33 UTC