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"...a senior European Union official acknowledged for the first time that a two-speed euro zone might now be developing, with Germany racing ahead while debt-laden countries on the Continent’s periphery battle stagnation."
AND: "Significant economic differences have always existed between the euro zone’s northern and southern countries. But some economists now believe that, exacerbated by the shocks of the financial crisis, these multiple differences threaten the future of the euro itself."
