Hans-Werner Sinn: eurozone doomed to 'decade of crises'

''The eurozone is doomed to a decade or more of economic stagnation and civil unrest that could destroy the single currency if countries such as France do not implement vital reforms, according to one of Europe’s most influential economists.

Hans-Werner Sinn, the president of Germany’s Ifo Institute for Economic Research think-tank, said policymakers would continue to misuse capital to finance the higher living standards unlocked by joining the euro, while dragging their heels on reform..'' 
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