Europe without the Eurozone (Frey)

What Europe might look like without the Eurozone and EU by Bruno S. Frey published by VOXEU. “What will happen if the euro collapses? For many people, the answer is unmitigated disaster. But this column argues that to identify the euro, the EU, and Europe as one, as many politicians like to do, is totally misleading. A possible demise of the euro and the EU can be seen as a chance for the evolution of a better future Europe.”