Euro-pocalypse not now

Paul Ames, Global Post, 22.12.2012

Quotes

Link to original article


The ancient Maya may not have had much to say about Europe's shared currency, but there were plenty of others willing to predict the euro would meet its doom in 2012.

In the end, the euro zone survived intact and will limp into 2013 with fears of an imminent euro-pocalypse much diminished. […]

"One should not expect major breakthroughs in 2013," Janis Emmanouilidis, senior policy analyst at the European Policy Centre think tank, wrote this week. "The current German coalition government will do its best before the election to contain the crisis and avoid any developments or major new initiatives which might force Berlin to move beyond previously-defined red lines." […]

For the original article see here.


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