Should investors still treat the eurozone as a single investment region?

Single investment region?

Although there has been little convergence within the eurozone since it became a single currency region, Simon Crinage, head of investment trusts at J.P. Morgan Asset Management, argues the currency bloc still has a number of strengths, including its power as a global exporter.

Does giving 18 very different national economic cultures the same currency and central bank transform them into one economy? If not, does it make any sense to talk of ‘eurozone investment' at all? Last year, on 13 October, the Dutch finance minister Jeroen Dijsselbloem, who serves as president of the eurozone finance ministers' group, said: "We are… expected to do better than last year in terms of economic growth and the recovery [is expected] to pick up further." But who is ‘we'? Dijsselbloem's native Netherlands, for example, was forecast by the International Monetary Fund (IMF) to ...