The Euro is First and Foremost a Political Project – Intrinsic Political Considerations will not Allow the Collapse of the Euro Zone, For Now

Dr. Alexander Mirtchev, President of Krull Corp., in discussion with Dr. Yannis Papantoniou, former Finance Minister of Greece, assessed the survival of the single European currency. The fate of the euro is determined more by the political nature of the European project and the vested political interests behind its survival than by the economic fallout caused by some of the Eurozone’s unstable and debt-ridden economies. The Euro will survive, but, in the long-term it must be supported by sound economic leadership and policies, not the emotional rhetoric from which it was born.

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