Is European monetary unification sustainable?

Resumo

As the International Monetary Fund Executive Director for Brazil and other Latin American and Caribbean countries, Paulo Nogueira Batista Jr., has had a privileged view of efforts to mitigate a continuing global crisis whose consequences are still unpredictable. In an interview with Claudio Accioli, he gives his personal opinion on risks to the survival of the euro and the decision of Brazil’s central bank to start cutting the benchmark interest rate.