On the euro, the house is still standing but it is a bit rickety. The house is not rickety. What I see looking back is progress on banking union, on capital markets union — but EMU is still incomplete. It just needs a new extension? To have a stronger EMU we need a common eurozone budget.
The former measures only the acquisition cost of new household assets whereas the latter measures the change in the market value of assets, which is the acquisition cost of new assets plus the capital gain or loss on existing assets.