If the going gets really tough, the euro may retest the historic low of 82.4 US cents. Photo: Reuters If the going gets really tough, the euro may retest the historic low of 82.4 US cents. Photo: Reuters
If the going gets really tough, the euro may retest the historic low of 82.4 US cents. Photo: Reuters
David Brown
Opinion

Opinion

Macroscope by David Brown

ECB has one last chance to save euro with bond purchases

Ultimate survival of the single currency is at risk if policymakers fail to defeat deflation in the euro zone and get the economy back on its feet

If the going gets really tough, the euro may retest the historic low of 82.4 US cents. Photo: Reuters If the going gets really tough, the euro may retest the historic low of 82.4 US cents. Photo: Reuters
If the going gets really tough, the euro may retest the historic low of 82.4 US cents. Photo: Reuters
READ FULL ARTICLE
David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.