Photo Gallery: The Tragic History of the Euro

Foto: Werksbild/ picture-alliance / dpa/dpaweb

The Ticking Euro Bomb What Options Are Left for the Common Currency?

Politicians have maneuvered their countries into an unparalleled situation in the euro crisis. And they already know what most voters don't yet suspect. In the end, only two possibilities will remain to save the beleaguered common currency: an expensive transfer union or a smaller monetary union. Either solution will be extremely costly. By SPIEGEL Staff
Translated from the German by Christopher Sultan