The single currency, which was officially launched on 1 January 1999, has performed its role of shielding against crises and stabilising prices. However, the insufficient convergence of the eurozone’s economies shows the fragility of this incomplete construction. EURACTIV France’s media partner La Tribune reports.
The euro is celebrating its 20th birthday and it is a survivor. Its demise, failure and explosion have been predicted many times, from its creation to the financial crisis and then the sovereign debt crisis.
