Couverture de Why the Irish crisis is such a huge test for the eurozone

Why the Irish crisis is such a huge test for the eurozone

Why the Irish crisis is such a huge test for the eurozone

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 The fault lines in the currency union stand revealed. The promise was that the eurozone would deliver its members from currency crises. But, as I, and others, warned, be careful what you wish for: credit crises would replace currency crises – and these are likely to be even worse.

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