Summary
ANOTHER week, another crisis in the eurozone. Another last- minute deal and another hundred billion or so tossed at the bankrupt Greek government. It's an odd way to run a whelk stall, and makes you wonder how long it can go on. The consensus among the British press and politicians last week was that the euro was a busted flush. Ha ha - told you so.
Mind you, British opinion-formers have repeatedly predicted the demise of the euro over the last few years, yet the single currency somehow survives. And if you go abroad this summer you'll find that the euro is not only still around, it's worth a great deal more than we think.See the full content of this document
Extract
What the Euro Crisis Means for Us
So, has anything changed after this latest bail-out - the second "final deal" in six months? And should we bother about it anyway, since Britain declined the euro? Well, something pretty fundamental has changed through this sovereign debt crisis, if only because ...
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