Stop rejoicing. This was no victory for the eurozone

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Series Details 12.9.11
Publication Date 12/09/2011
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Commentary feature. The German Federal Constitutional Court ruling in September 2011 significantly increases the chances of default by one or several eurozone member states, writes Wolfgang Münchau.

Related Links
ESO: Background information: Find other Commentary Features in ESO on Challenges facing EMU
ESO: Background information: German court upholds eurozone rescue / Merkel promises ‘euro will not fail’
ESO: Background information: Germany and the euro rescue agreements

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