Two ways for Europe to boost its economy

The euro zone can move to a much more favourable economic equilibrium and boost its economy, provided it implements two major economic policy changes: Retain all its savings to invest in the euro zone instead of lending them to the rest of the world; Gain energy independence by replacing fossil fuel imports with domestic production of nuclear and renewable electricity and by producing the necessary equipment in the euro zone. These two developments would increase: The euro zone’s per capita income level by 4%; Potential growth by 0.6 percentage point per year.