Is The Euro Crisis Really Over?: Will Doing Whatever It Takes Be Enough?

The euro zone crisis is not back --, at least not yet it isn't. Despite the great progress which has been made over the last few years, the latest market tensions over Greece illustrate the ongoing uncertainty about the future of the monetary union. Concerns persist regarding bond yield stability, the ECB's QE programme, political instability, and long-term economic sustainability. The possibility of a full political federation or further measures to address imbalances remains uncertain, with significant issues like high unemployment, rising debt, and demographic challenges still unresolved.