it seems to be using a different measure (numbers do not match the link I posted) and I cannot see any numbers from 20 years ago.
There is graph from 2012 but that is from the low (if you look at my link).
Have a missed a pre-crisis comparable number in skimming it? If not, then what I see is still a significant decline over the last 20 years in the net positive.
IMO the Eurozone is very likely to have further crises. The architects of the Euro expected a greater degree of fiscal union but that never happened. A single currency without a large central budget is a mistake and makes it much harder to correct instability.
it seems to be using a different measure (numbers do not match the link I posted) and I cannot see any numbers from 20 years ago.
There is graph from 2012 but that is from the low (if you look at my link).
Have a missed a pre-crisis comparable number in skimming it? If not, then what I see is still a significant decline over the last 20 years in the net positive.
IMO the Eurozone is very likely to have further crises. The architects of the Euro expected a greater degree of fiscal union but that never happened. A single currency without a large central budget is a mistake and makes it much harder to correct instability.