The eurozone must adapt or die - Cyprus Mail

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The euro area stands on the precipice of a compounding existential crisis driven by unsustainable debt trajectories, asymmetric structural adjustments, persistent supply-side inflation, escalating energy costs and an unyielding geopolitical alignment. This confrontation is neither a transient liquidity friction nor a rogue accident in bond spreads; it is the arithmetic outcome of two self-inflicted structural flaws: the ordoliberal dogma codified in the 1992 Maastricht Treaty and Europe’s economic subordination to an escalatory Atlanticist posture. By severing strategic trade links, Europe has invited a chronic supply-side stagflationary shock that its rigid monetary architecture cannot absorb.