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A Fragile Europe Must Change Fast

May 23, 2012

I sympathize with the Germans. This is not because I agree with their prevailing view of how the crisis occurred or what to do about it. I sympathize because the German elite were the ones who understood what creating the euro implied. They realized that a currency union could not work without a political union. The FT reports.

Source: http://www.cnbc.com/id/47500232?__source=RSS*tag*&par=RSS
 
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