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Nobel laureate: Europe would be better off with split currency, euro-South & euro-North RT — SophieCo

Terror, the refugee influx and the unstable economies of its members are plaguing the European Union. The crisis, brought by the war in the Middle East is straining already weakened infrastructure in many countries across Europe. The first stop on the immigration route is Greece, which is struggling to maintain itself even without millions of refugees coming through. However, other nations of Europe are still unable to produce a solution, or even decide about helping Athens. What will it take for this solution to come about? Should the Union be truly united on its decisions over refugees, or it would be better off with each member-state following its own course? We ask a Nobel Laureate in economic sciences - Sir Christopher Pissarides is on Sophie&Co today.