Europe's crisis that won't go away

Europe's crisis that won't go away

Press quote (BBC News)
21 October 2014
If the great divide widens and Germany digs in its heels then much is at risk.

Simon Tilford from the Centre for European Reform says: "This is a recipe for stagnation, deflation and political populism in France and Italy. It may culminate in a breakdown in relations between Germany and these countries and could even lead to a eurozone break-up."

Germany and France have demonstrated during this crisis that when the eurozone is at risk they compromise.