Barry Eichengreen Quotes About Euro

• The consequences of a collapse would not be pretty. Whichever country precipitated it - Germany by threatening to abandon the euro, or Greece or Spain by actually doing so - would trigger economic chaos and incur its neighbours' wrath.

  Barry Eichengreen

  Country, Wrath, Spain

  "Unity of the European Union is about to be tested" by Barry Eichengreen, www.theguardian.com. December 13, 2012.

• Across the continent, political divisions are deepening. For all of these reasons, the specter of a euro zone collapse has not been dispatched.

  Barry Eichengreen

  Political, Division, Reason

  "Unity of the European Union is about to be tested" by Barry Eichengreen, www.theguardian.com. December 13, 2012.

• As for the single market, the E.U.'s landmark achievement, there is no question that a euro zone breakup would severely disrupt its operation in the short run.

  Barry Eichengreen

  Running, Breakup, Achievement

• The 1992 crisis proved that the existing system was unstable. Not moving forward to the euro would have set up Europe for even more disruptive crises.

  Barry Eichengreen

  Moving, Europe, Unstable

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