The Fundamental Flaw of Europe’s Common Currency

The euro is under attack like never before, as the promises on which it was based turn out to be lies. Hedge funds are speculating against Greek debt, while euro-zone politicians work behind the scenes to cobble together rescue packages. But fundamental flaws in the monetary union need to be fixed if Europe's common currency is to survive.

ESO: Background information: EU hits its own financial reality http://www.europeansources.info/record/eu-hits-its-own-financial-reality/

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