Is the Euro in Trouble?

The Euro faces many challenges right now, some of which are unique to a currency that is controlled by not just one nation. This has led to problems of abuse by irresponsible nations who have gone far too deep into debt, and has allowed the ballooning of balance sheets of major European banks that each threaten the global financial system.

Sources:
https://www.bloomberg.com/opinion/articles/2022-01-11/the-euro-is-facing-a-make-or-break-year?sref=dJOSAJZH
https://www.goldmoney.com/research/goldmoney-insights/a-euro-catastrophe-could-collapse-it
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

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#euro #ecb #debt