Europe must dissipate storms looming over economic future

Mohamed A El-Erian warns that the Greek crisis, the conflict in Ukraine, and the rise of populist political parties threaten to converge into a devastating gale bearing considerable consequences for Europe

Dark clouds are lowering over Europe’s economic future, as three distinct tempests gather – the Greek crisis, Russia’s incursion in Ukraine, and the rise of populist political parties.

Though each poses a considerable threat, Europe, aided by the recent cyclical pickup, is in a position to address them individually, without risking more than temporary disruptions.