Wednesday, January 6, 2010

A Realistic Assessment of the Euro, Long Overdue …

Martin Wolf discovers, in the Financial Times (“The eurozone’s next decade will be tough”, January 5) that the eurozone is not an optimal currency area. Better later than never…

But coming from a financial establishment newspaper such as the FT, which has consistently been in favor of the euro , this awakening means that the deciders' opinion is changing.

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