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Euro can't wait for September
Will Germany leave the Euro or will weaker Euro-zone members leave Germany? This is the key question that needs to be considered and answered as the Euro-zone heads for another summer of misery and Germany refuses to engage ahead of September election. With economic, political and social tensions all increasing, the chances of Germany and the Euro-zone finding harmony continues to deteriorate as recession grinds away inexorably at peripheral cohesion. Doubts over longer-term German commitment to the status quo should strengthen Sterling against the Euro in the short term. The critical decision is whether global power ... (full story)
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