Sunday, May 9, 2010

Will Greece kill the European Union?

Europe’s consistent inability to move quickly enough to get ahead of the financial markets during the Greece crisis is shaking the euro and the foundations of the European Union itself, as critics of the euro have long predicted would happen. The question being raised with increasing urgency is whether the European Union can fashion a mechanism to speed decision-making before irreversible damage is done and the euro itself slips into history.

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