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The Upside of the Euro Crisis

Vaisse, Justin, (2012), ‘The Upside of the Euro Crisis’, www.brookings.edu, 28 Νοεμβρίου.

Since the beginning of the European debt crisis, most economists have focused on the potential consequences of a breakup of the euro zone. It’s easy to understand why. Although unlikely, a euro-zone breakup would be a potentially cataclysmic event that would leave the world economy in tatters.