On Geopolitics

The Year That May Decide Europe's Fate

Adriano Bosoni
Senior Europe Analyst, Stratfor
Dec 13, 2016 | 08:00 GMT
Eurozone's future potential collapse EU
Next year, the Continent's problems could come to a head. None would be enough on its own to lead to the eurozone's collapse, but combined they could prove too much for the currency area to withstand.
(FRANCOIS NASCIMBENI/AFP/Getty Images)

By this time next year, the eurozone could be defunct. Despite the small chances of it actually happening, the fact that the collapse of the currency union is even possible speaks volumes about the size of the problems Europe faces. Since financial, economic and political crises descended on the Continent almost a decade ago, Europe has endured many difficult moments. But 2017 will be the most important year yet for the continuity of the eurozone as political and economic risk reaches the bloc's very core in Germany, France and Italy....

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