April 02, 2013 at 12:06 PM EDT
Euro: Requiem or Renewal?
In the last several weeks, a sequence of events involving Cyprus has triggered serious questions about the sustainability of the European Monetary Union (EMU). The events surrounding the finance ministers’ decision to levy taxes (i.e., partially confiscate deposits) on depositors in a Euro-system bank led to a sequence of blunders that have been well-recited in [...] View the full post at: Euro: Requiem or Renewal? Related posts: Euro Hits Twenty-Month Low Against Greenback; British Pound to Five Year Low Feldstein Sees Greece Quitting the Euro Take 2 of Bailout Drama Drives Euro Below 1.40
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