'None of the above' is no longer an option for the Eurozone

Covid-19 has reignited concerns about the future of the Eurozone. Mark Copelovitch explains that there is no sound economic reason why the Eurozone and its member states should find themselves in such a dire position. The problem is entirely political and can be solved only if European leaders finally step up and address the core problems threatening the Eurozone's long-term survival.