Part I. Europe in crisis. The euro crisis ; The euro: the hope and the reality ; Europe's dismal performance -- Part II. Flawed from the start. When can a single currency ever work? ; The euro: a divergent system ; Monetary policy and the European Central Bank -- Part III. Misconceived policies. Crises policies: how Troika policies compounded the flawed eurozone structure, ensuring depression ; Structural reforms that further compounded failure -- Part IV. A way forward?. Creating a eurozone that works ; Can there be an amicable divorce? ; Toward a flexible euro ; The way forward.