30.11.2011 - Explaining the euro currency crisis
A fundamental understanding of the euro debt crisis can be appreciated better if its historical background is told. Then, the euro is examined as an economic experiment in institution-building. “Euro currency is a stage of the European economic integration process.” As the European economic market progressed towards greater integration, the desirability of a single, stable currency among the European countries became a much desired objective...............................................Full Article: Source
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