History is written by the winners
The key to understanding the evolution of the euro is to observe and analyse what the Europeans do rather than what they say. They have resolved all of the many crises that have threatened the European integration project throughout its history of more than half a century. (…) At each key stage of the current crisis, they have in fact done whatever is necessary to avoid collapse. (…)
Crisis resolution cheaper than euro collapse.
photo { Charlie Grosso }
