I have always said that the Euro is doomed to fail. It is nearly impossible to meld so many different nations together into one. They have fought each other for centuries and their differences run deep. This is something that is going to take years to fix, if at all. During this process, Europe will go through a very rough patch so to speak because a single monetary/fiscal policy over such a diverse area takes some getting used to. Countries that have higher inflation such as italy, or those with extreme unemployment need to come into parity. This takes time and pain. Good luck Europe! You will need it!
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