Despite Earlier Economic Crises, Euro Performing Well — Almost Too Well

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Despite Earlier Economic Crises, Euro Performing Well — Almost Too Well
It was only last spring, amid the Greek financial crisis and divisions among European Union nations on how to respond to it, that some voices of alarm arose about the future of the European common currency, the euro, and even of the entire EU enterprise. But on the eve of the annual IMF-World Bank meetings in Washington, one of Europe’s top financial officials assured all who would listen that …
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