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Financial Times (October 1)

2012/ 10/ 02 by jd in Global News

Helmut Kohl, Jacques Delors and the other creators of the euro are at blame. “Their dream of leaving a legacy of a United Europe, with a single currency at its core, has turned into a nightmare.” They may have other achievements, but the euro was hubris. “When it came to the euro, they pursued their grand vision while ignoring the objections of those who questioned whether a single currency could work for such diverse economies. Today’s Europe is living with the consequences of their hubris.”

 

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