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Entries by Prof. Klaus Schwab from 12/2012

Europe Has Nothing to Fear But Fear Itself

| Veröffentlicht 12.13.2012

The eurozone will not break up. The price of departure is simply too great for any one country. Indeed, when Mario Draghi announced on 6 September that the European Central Bank would undertake unlimited purchases of government bonds, the continent crossed the bridge to its future.