Neville Prior 6 September 2011 03:19:57 PMIt is quite clear that the Eurozone has got to do something, and there are two contrasting options.
- Create a truly united Euro area.
- Break up the Eurozone, partially or totally.
Figures I have seen reckon that breaking up the Eurozone would cost economies such as Germany or France 25% of GDP, and the likes of Greece and Portugal 50%. Hopefully sooner rather than later, closer union will have to happen.
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