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Just what the euro needs…

By   || June 11, 2009 at 15:01 GMT
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An Icelandic central bankers says that Iceland will join the euro zone in the near future. Just what the euro needs, another insolvent country with a financial sector that has suffered an epic implosion.

Iceland would have to go through a draw-out process well before it could join the euro zone, I believe,  called ERM2.

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