Commentary: For euro reforms, growth is the enemy

Author:
Reuters Thomson

Europe’s currency union - not so long ago on its sickbed - has started the year in rude health.

The winning streak looks set to continue since economic confidence in the euro area is at its highest for almost two decades, but it will have an unwelcome side-effect.

The more the euro zone economy thrives, the less pressure there will be on European politicians to take steps to prevent future crises.

The article's full-text is available here.

Back to CIRSD recommends

Latest news

European Russophobia and Europe’s Rejection of Peace: A Two-Century Failure

Europe has repeatedly rejected peace with Russia at moments when a negotiated settlement was available, and those rejections have proven profoundly self-defeating. Read more

[VIDEO] Ian Bremmer: The World Moves Too Fast for “Geopolitical Centuries” | Horizons Interview

Horizons presents an exclusive interview with Ian Bremmer, President and Founder of Eurasia Group and GZERO Media. The conversation explores the current state of global affairs, including the idea of a “geopolitical recession,” the rise of Asia, shifts in the domestic political landscape in the United States, transatlantic relations, the future of global governance, as well as the growing impact of artificial intelligence on international stability and economic transformation. The interview was conducted by Horizons Editor in Chief Vuk Jeremić and recorded in November 2025. Read more

Horizons Discussion with Jeffrey Sachs on the Asia-Pacific Century

The Center for International Relations and Sustainable Development (CIRSD) hosted a high-level Horizons Discussion featuring Professor Jeffrey D. Sachs, one of the world’s most renowned intellectuals, in conversation with Vuk Jeremić, President of CIRSD and Editor-in-Chief of Horizons. The event marked the launch of the 32nd volume of Horizons, titled The Asia-Pacific Century. Read more

When Development Falters: The Cost of Europe’s Inward Turn

At a time of growing global uncertainty and polarization, it can often be difficult to pinpoint the specific moments that will have the most pronounced impact on the long-term strength of our international system. Read more