Magazine
Latest Issue

The euro is at its strongest for a decade

Grexit would not do much damage to either the euro's value or its survival

By Anatole Kaletsky  

Mario Draghi, President of the European Central Bank, looking cautiously optimistic. © Wiktor Dabkowski/DPA/Press Association Images

As a longstanding euro-sceptic—with a small “e”, referring to the European currency, not the whole European Union—I get no pleasure from saying this, but the euro now looks stronger than at any time in the past decade. It is stronger both in the sense of its survival prospects and of its value in comparison with the US dollar…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect