Economists' action plan for a strong euro zone

A group of French and German economists have been touring Europe’s capitals urging the EU’s leaders to take action to fend of another financial crisis or cope better if one occurs  – here is what is needed, blow by blow, according to one of the authors of a major new report

French and German economists have been touring Europe’s capitals urging the EU’s leaders to take action now to strengthen the banking sector to fend off another financial crisis and put in place measures to minimise the impact if one occurs. 

Today, while the situation is relatively stable, is the right time to grasp the nettle and put the right reforms in place, says one of the experts Paris School of Economics economist Agnès Bénassy-Quéré. 

She said the following are some of the crucial measures the experts believe should be taken up, which have been outlined in detail in a report published by the Centre for Economic Policy Research (CEPR) at this link.

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