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Scoop.it!
Pandemic risks exacerbating economic and social divisions between countries 
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Scoop.it!
EU leaders are saddled with a mechanism that doesn’t work. There are ways to fix that, but not the will, writes Guardian staff columnist Larry Elliott
Graham Watson's insight:
Larry Elliott has been in brilliant form recently: this article is a top-drawer analysis of the state of the Euro, and dare I say it Parkinsonian. I say this, because many years ago, a former colleague discussed at great length why it would make sense for Germany to leave the Euro, and raised the possibility of a two-speed Euro. Hat-tip to 'absent friends and Parky".
However, Larry Elliott's piece goes beyond this to look at why the prospect of Germany leaving the Euro is highly unlikely, if only politically.
It is an excellent piece of writing for those of you interested in some stretch and challenge material.
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As I've already suggested, many think that coronavirus and the recovery from it poses an existential threat to the Eurozone, particularly if the German courts continue to present opposition to the notion of fiscal transfers and sharing responsibility for rebuilding the Eurozone economy.
As a result of the largest recession in the EU's history and the inequality that is going to ensue, some wonder whether the Eurozone itself, and the single currency are going to survive.