Analysis: Breaking up the eurozone would cost more than fixing it

12/2/2010 | Economist (free content), The

Junking the euro isn't unthinkable, but it would be a lot more costly than facing the eurozone's problems and solving them, according to The Economist. Europe's creditor countries are going to have to do more to help debtor countries if the euro is to survive, an idea that is particularly objectionable to Germany. "Its unwillingness to subsidise the weak and profligate is understandable; but the alternative is worse," the magazine notes.

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Economist (free content), The

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