Grudging Public Support for Euro Could Hold It Together
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“The cost of breaking up the euro is so high that this probably won’t be the consequence of the challenge from populism,” says Christian Odendahl, chief economist at the Centre for European Reform, a London-based think tank. “Rather, the issue is resistance to the broader European project. If populists win power on the basis of anti-euro rhetoric, countries’ willingness to work together in Europe will be constrained.”