Spain's economy could determine whether euro survives

02/25/2010 | Wall Street Journal, The

Whether the euro makes it through the eurozone's debt crisis intact could be determined by how Spain deals with its economy, experts said. The nation has been battered by a GDP that contracted 3.6% last year, a widening budget deficit and surging unemployment. "If Spain is in deep trouble, it will be difficult to hold the euro together," said Desmond Lachman of the American Enterprise Institute.

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