Can the Eurozone survive? - Potential prospects for the Euro as common currency beyond the sovereign-debt crisis

Seminar paper from the year 2014 in the subject Economics - International Economic Relations, grade: A, Edinburgh Napier University (Economics), language: English, abstract: This report critically evaluates and addresses the past, current and the possible future situation of the Eurozone. To consider the question of whether the Eurozone will be able to survive, the first part of this report provides an overview of past developments regarding the Euro, and how the Euro's complex history has led to the current situation, including potentially contributing factors to the crisis. The second part then focuses on the present situation: Greece causing the potential threat of a rapid domino effect that could splinter the Eurozone as a whole. Subsequently, this report evaluates if the measures, imposed by the EU, ECB and IMF will be adequate to finally resolve the crisis, before focusing on the potential future of the Euro as a common currency for Europe.