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July 7, 2015 : Introduction / Gideon Rose=1

THE ROAD TO EMU

January 1955 : Europe's Progress Toward Economic Integration / Willard L. Thorp=3

Fall 1983 : New Opportunities and New Challenges / Valery Giscard d'Estaing=22

September/October 1996 : Euro Fantasies : Common Currency as Panacea / Rudiger Dornbusch=61

January/February 1997 : The Case for EMU : More than Money / Peter Sutherland=74

November/December 1997 : EMU and International Conflict / Martin Feldstein=82

July/August 1997 : The Dollar and the Euro / C. Fred Bergsten=97

March/April 2000 : The Degeneration of EMU / Niall Ferguson ; Laurence J. Kotlikoff=110

CRISIS AND RESPONSE

August 10, 2010 : The Future of the Euro : Why the Greek Crisis Will Not Ruin Europe's Monetary Union / Lorenzo Bini Smaghi=123

January/February 2012 : The Failure of the Euro : The Little Currency That Couldn't / Martin Feldstein=130

September/October 2012 : The Crisis of Europe : How the Union Came Together and Why It's Falling Apart / Timothy Garton Ash=144

November/December 2011 : Can Europe's Divided House Stand? : Separating Fiscal and Monetary Union / Hugo Dixon=165

November 28, 2011 : Saving the Euro Will Mean Worse Trouble for Europe : Charting the Disastrous Ahead / Vivein A. Schmidt=175

April 7, 2011 : Can the Eurozone Be Saved? : Yes, but the EU Summit Was Too Little, Too Late / Kathleen R. McNamara=181

May/June 2011 : How to Save the Euro―and the EU : Reading Keynes in Brussels / Henry Farrell ; John Quiggin=187

November 19, 2009 : Why Only Germany Can Fix the Euro : Reading Kindleberger in Berlin / Matthias Matthijs ; Mark Blyth=196

October 2, 2012 : The Myth of German Hegemony : Why Berlin Can't Save Europe Alone / Daniela Schwarzer ; Kai-Olaf Lang=202

July/August 2012 : Europe's Optional Catastrophe : The Fate of the Monetary Union Lies in Germany's Hands / Sebastian Mallaby=208

September/October 2012 : Why the Euro Will Survive : Completing the Continent's Half-Built House / C. Fred Bergsten=215

July 18, 2011 : Avoiding the Next Eurozone Crisis : How to Build an EU that Works / Lorenzo Bini Smaghi=225

May/June 2012 : Europe After the Crisis : How to Sustain a Common Currency / Andrew Moravcsik=231

May 16, 2012 : Europe's New Normal : It's Here, It's Unclear, Get Used to It / R. Daniel Kelemen=248

BACK TO THE FUTURE?

January 25, 2015 : So Long, Austerity? : Syriza's Victory and the Future of the Eurozone / Stathis N. Kalyvas=253

January 29, 2015 : Austerity vs. Democracy in Greece : Europe Crosses the Rubicon / Mark Blyth ; Cornel Ban=258

June 2, 2015 : Why Greece Will Cave-and How : Alexis Tsipras and the Debt Negotiations / George Tsebelis=263

June 30, 2015 : No Exit : Why Greece and Europe Will Still Stay Attached / David Gordon ; Thomas Wright=270

July 6, 2015 : G(reece)2K : How to Contain Athens' Economic Problems / Brendan Simms=277

July 7, 2015 : A Pain in the Athens : Why Greece Isn't to Blame for the Crisis / Mark Blyth=282

July 14, 2015 : The Agreekment That Could Break Europe : Euroskeptics, Eurocritics, and Life After the Bailout / Harris Mylonas=288

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The project of European integration has always been a dream spurred by a nightmare. To escape the continent’s volatile, bloody past, the argument ran, European countries needed to bind themselves together and forge a harmonious common future. In fits and starts, to varying degrees on varying issues, this project has managed to achieve extraordinary success over the past seven decades, enabling Europe to reach levels of peace and prosperity at which previous generations could only have marveled. But the endeavor has always been more popular with elites than with the masses, has lurched from crisis to crisis, and has struggled to deal with the differences that keep Europe’s disparate parts from forming a seamless whole. Foreign Affairs has been covering the effort closely from the beginning, and as the Greek crisis comes to a head, we’ve decided to pull together highlights of our analysis of the quest for economic union in particular. This collection provides an unparalleled look at the past, present, and future of Europe’s common currency, showcasing more than two dozen of the world’s leading experts on European economics and politics to help you better understand the story behind the headlines.