24.08.2016 - Euro currency doomed unless changes made, says Nobel-winner Joseph Stiglitz

The structure of the euro zone has "doomed" the euro currency to "failure," and if changes aren't made, the region could suffer a break-up, Nobel prize–winning economist Joseph Stiglitz said Tuesday. "Unless they put in place the kinds of institutions we have in the United States that do allow a single currency to work, they are going to face the real threat of some form of a break-up," the Columbia University professor said..............................................Full Article: Source

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