The EU has already started making moves to reform following the UK vote to leave... which shook it out of complacency apparently. Even the
biggest ship will alter course if the rudder is applied - but it takes time.
"France and Germany agree on eurozone reform
… Well, their economists do.
By PIERRE BRIANÇON 1/17/18, 9:30 AM CET Updated 1/18/18, 2:14 PM CET
PARIS — Governments talk a lot about eurozone reform but can’t get their act together. So it’s time for academics to step in.
That impatience seems to be at the core of an unprecedented initiative by French and German economists, who published Wednesday a detailed plan on how to make the monetary union shock-resistant and a better guarantor of long-term prosperity."
https://www.politico.eu/article/french-german-economists-launch-their-own-eurozone-plan/