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Europe Could Still Blow Up, Let’s Not Be Complacent

Elliott, Douglas, (2012), ‘Europe Could Still Blow Up, Let’s Not Be Complacent’, www.brookings.edu, 13 Νοεμβρίου.

European leaders, and their suffering peoples, are clearly making real progress in working through the Euro Crisis. However, some observers have lapsed into complacency, assuming that the worst is definitely over. I hope they are right, but there are many ways in which the situation could blow up and become worse than ever. I am willing to bet on Europe pulling through, but it is critical to recognize that we are speaking of probabilities, not certainties, and real risks remain