Did things change…etc.
Oh boy …that is a huge question….in short massively. The biggest one has been constant low to negative growth, especially in Club Med countries…..Why because u no longer have the adjustment mechanism of floating rate currencies, the pressures materialize elsewhere, mainly in unemployment numbers….carrying large numbers means that growth rarely gets serious…hence the EU zone has suffered from decades of low growth…this was pointed out as a potential problem, but ignored.