Economics
Euro Resilient Amid Doubts of Turmoil as Dire: Cutting Research
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The euro has often ignored policy maker pronouncements and “danced to its own tune” during the region’s sovereign debt crisis, according to a working paper published by the European Central Bank.
The study was based on a database of more than 1,100 public statements about the turmoil by leaders at the regional and international level from October 2009 to November 2011.