Euro zone crisis: the myth or the reality?

Abstract

Nowadays activization of integration processes is one of the major factors of world development. “The European integration project” being one of the earliest became a kind of a sample for imitation in respect of similar experiments on North American continent, in Central and the South America, in South East Asia, on the post-Soviet territory. However the crisis phenomena in the Euro zone have caused a disbalance of the economy entering into integration grouping. Current state of euro zone is analyzed in the article, the optimum scenario of integration grouping development in intermediate term prospect comes to light. Authors come to a substantiated conclusion that there will be some kind of Euro zone reorganization. The exit from the block of the states “risk group”, menacing stability to all European Union is predicted.