Jun 27, 2011

The Muddle-Through Approach To The Eurozone Crisis Has Failed To Resolve The Fundamental Problems Of Economic And Competitiveness Divergence Within The Union

The muddle-through approach to the eurozone crisis has failed to resolve the fundamental problems of economic and competitiveness divergence within the Union.

If this continues the euro will move toward disorderly debt workouts and eventually a break-up of the monetary union itself as some of the weaker members crash out. - in Mindful Money

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