The Euro may already be lost

EuroTuomas Malinen, CEO of GnS Economics, postdoctoral researcher at the University of Helsinki writes that January 2017 marked the 18th anniversary of the European common currency, the euro.Despite its success from 1999 to 2007, he writes, after 2008 the euro became a burden for many of its members. Living standards in Italy and Greece are now below the levels when they joined the euro, while Finland (the only Nordic country using the euro)is also the only Nordic country that has not recovered from the financial crash of 2008. Read more