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With new material on the astonishing 2014–15 monetary rollercoaster, an incisive chronicler of the euro’s upheavals explains how Europe’s single currency has lurched in and out of crisis—with widespread repercussions for Britain and the rest of the world. “Marsh is an expert chronicler of European monetary union, and his analysis deserves serious consideration.”—George Soros “Europe’s Deadlock makes a hard-hitting case against ‘muddled thinking, lack of imagination and straightforward incompetence on the part of the politicians and technocrats charged with policing the single currency.’”—Ferdinando Giugliano, Financial Times “[A] pitiless analysis of a crisis that cannot be permitted to become a disaster.”—Iain Finlayson, The Times