AUTOREFRESH 
Euro a mixed blessing as it turns 10
By Jamie Coleman || December 31, 2008 at 10:40 GMT
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Ambrose Evans-Pritchard lays out the pros and the cons for the euro as it celebrates its tenth anniversary. He suspects that 2009 will be an okay year for the currency but internal strains will begin to grow late in the year.
This is the bigger question to be tested over the euro’s second decade. Currency unions can mask risk for a while. They shield sinners long enough to let imbalances get out of hand, storing up trouble for a more traumatic crisis later.
¡ןןɐ oʇ 9002 ʎɥʇןɐǝɥ puɐ ʎddɐɥ
[...] 05:29 GMT || 0 comments || Add comment I thought it would be interesting to take a look at the ForexLive archives and see what was being said about the sharp reversal that happened this time last year that may [...]