Thursday, 31 May 2012

In Favour of a Smaller Eurozone

A majority of business executives surveyed for a report on the State of the European Union favor a smaller Eurozone, according to Per-Olla Karlsson, Managing Director of Booz and Co Europe, one of the co-authors of the study. That includes 40% of German executives.

No-one felt the Eurozone should be enlarged; however no one felt that the Eurozone should be abandoned, and believed the idea of a single European market would prevail.

On the issue of Eurobonds, those outside of Europe were largely in favor. On average, 57% thought Eurobonds were a good idea, while only 18% did not.

Copyright INSEAD Knowledge 2012

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