In common with many others, Fathom has long doubted the sustainability of the European single currency. Through the mid-1990s, as debate over potential UK membership raged, the then Bank of England Governor Sir Eddie George is rumoured to have argued forcefully that any monetary union taking place in the absence of a full fiscal union would be doomed to fail. A particularly testing time for the euro came in July 2015, when the Greek public voted, in a referendum organised...