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By Philippe Legrain ADD COMMENTS

While Europe’s economy has picked up and there is no immediate sign of financial stress, many analysts maintain that reforms are needed to protect the single currency.

“Make no mistake, the euro desperately needs revamping,” Philippe Legrain, a former adviser to the European Commission president and a senior visiting fellow at the London School of Economics’ European Institute wrote of the reforms.

“The eurozone’s institutional framework also needs fundamental reform in four big areas: finance, fiscal policy, economic imbalances, and democratic choice and accountability.”

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Posted 18 Jun 2018 in Uncategorized

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