December 27, 2007
In our second part of "Predicting 2007: How well did we do?" we review our predictions on Eurozone politics in 2007. It complements the analysis of our economics forecast posted here.
As far as the politics of the Eurozone are concerned, we were less optimistic for the year 2007 than for the economics outlook which we rightly saw as more positive than the mainstream. Regarding the governance of the Eurozone, we were convinced that the recent suggestions and political disputes over EMU issues would lead to little or no evolution of the real governance set up. We will review the different elements we discussed in early 2007 below.