The eurozone crisis is on pause, not over

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Series Details 25.7.11
Publication Date 25/07/2011
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Commentary feature. The July 2011 deal to ease the eurozone crisis was a compromise that works politically, writes Wolfgang Münchau, but it comes at the expense of debt sustainability.

Related Links
ESO: Background information: Meeting of Heads of State or Government of the Euro area, Brussels, 21 July 2011: EU leaders agree €109bn Greek bail-out
ESO: Background information: Find other Commentary Features in ESO on Challenges facing EMU

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