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05 February 2010

THE EU: Euro's First Big Test Underway.

NYTIMES/ANALYSIS/  The 16 countries that use the euro are facing a new reality: their 10-year-old common currency is being challenged by the diverse economic and financial conditions of its members. “... It is clear this year that global macro risk will come from Euroland and not the U.S.,” says a financier.
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Labels: Euro, Greece, Portugal, Spain
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