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Asia’s Message to Europe: Bite the Bullet and Implement Reforms

May 30, 2012

Europe should be “realistic,” devalue its currency and bear the pain of reforms so that it can emerge from the debt crisis stronger, like Asia did in 1997, said Bank of Thailand’s Governor Prasarn Trairatvorakul.

Source: http://www.cnbc.com/id/47608180?__source=RSS*tag*&par=RSS
 
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