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Closer eurozone integration vital in today’s world – ECB paper

Competition from China and US tariffs cited among reasons for closer co-operation between members

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Annabel Jeffery

Strengthening the single market in is critical for the eurozone in the face of geoeconomic fragmentation and competition from China, a paper published by the European Central Bank argues.

The study – published during the ECB’s annual forum, which concluded yesterday (July 2) in the Portuguese town of Sintra – says that in order to counter external geopolitical pressures, the eurozone must tackle internal barriers to greater integration.

The authors – economists Florencia Airaudo, François de

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