A New Equilibrium for the Euro Area
![](https://www.iai.it/sites/default/files/styles/dettaglio_news/public/varoufakis-eurogruppo.jpg?itok=hZvMsetv)
A IAI volume argues for a replacement of the ‘invisible hand’ of the market with the ‘visible hand’ of a European policy project aimed at overcoming the structural imbalances of the euro area and increase productivity in peripheral member states.