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Photo Gallery: The Tragic History of the Euro
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Photo Gallery: The Tragic History of the Euro

The Ticking Euro Bomb How the Euro Zone Ignored Its Own Rules

After they joined the euro zone, the countries of southern Europe suddenly discovered they could borrow money at German-style rates, and any hope of sorting out their dodgy finances vanished. But it was France and Germany who set the worst example, when they broke the euro-zone rules they had forced on others. By SPIEGEL Staff.
Translated from the German by Christopher Sultan.