The eurozone paints a mixed picture as speculation mounts about the future of the single currency. Nick Sudbury reports
Last year was a tumultuous one for the EU with Greece and Ireland both needing substantial bailouts. The extra capital may have done the trick for now, but fears that Portugal, Spain, Italy and possibly Belgium could follow suit means that a break up of the euro remains a distinct possibility. If the single currency is to survive in its current format the weaker peripheral countries will need to undergo years of austerity measures to get their deficits back under control. Failure to do so would require the stronger economies in the German-dominated core to continue to subsidise their more...
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