Costas Lapavitsas is the lead author of a new RMF report 'Breaking Up ? A Route Out of the Eurozone Crisis ' He says the EU 's Economic and Monetary Union is probably heading for a break up . Lapavitsas : " The euro, which was supposed to be an economic union with common fiscal rules across Europe, has become more like a political club that can only function if it keeps its members in line.
Costas Lapavitsas is the lead author of a new RMF report 'Breaking Up ? A Route Out of the Eurozone Crisis ' He says the EU 's Economic and Monetary Union is probably heading for a break up . Lapavitsas : The response of the European Union has been a testament to its weakness .