This book describes the history of European integration and the Eurozone, before presenting ways in which the European Union can move forward. Charting integration from before the Second World War, the foundations of the Eurozone are examined to provide insight into the challenges faced by the European Union, including the Global Financial Crisis, over recent decades. The impact of TARGET2 and the European Monetary System are also discussed.

This book aims to highlight ways that current challenges to European integration, such as the COVID-19 crisis, environmental degradation, and fiscal debt, can be overcome to promote economic growth and social advancement. It will be relevant to students, researchers, and policymakers interested in the political economy and European economic policy.

Muhammad Ali Nasir is Associate Professor in Economics at the University of Huddersfield.

1:-Wrong Intentions& Flawed Foundations.- 2:-Great Moderation let the Party Going.- 3:- Global Financial Crisis -Tip of the Iceberg.- 4.:-On the Non-Monetary Side& A World Beyond ECB.- 5:- A Jigsaw of Financial Institution& Unions within Union.- 6:-Stagnation in Europe: A lost decade of the EU.- 7:-TARGET2: Off the Target.- 8:-Europe: The Way Forward.