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Why the Euro Will Survive

Completing the Continent’s Half-Built House

Author: C. Fred Bergsten
September/October 2012
Foreign Affairs

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The euro's naysayers have it all wrong. True, the continent's powerhouses have yet to agree on a clear plan to save the common currency, as each one is seeking to secure the best deal for itself. But they all also know that the collapse of the eurozone would be a political and economic disaster, so they will ultimately pay whatever price is necessary to keep it together.

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