Charles A.E. Goodhart, Dirk Schoenmaker, Wednesday, December 14, 2011 - 00:00

The euro crisis continues to deepen, as European leaders continue with their ‘too little too late’ policy reforms. This column argues that fixing the Eurozone problems requires a strong direction of fiscal and banking policy, but that this in turn requires deeper political integration including an elected president of the European Commission and a two-chamber parliament representing EU citizens and EU member states.

CEPR Policy Research