Why the Euro Is Failing

Everyone in Europe's currency union has resisted making hard choices.

No riders.

Photographer: Christopher Furlong/Getty Images

Greece's government seems determined to incur the world's blame for the emergent economic turmoil in Europe. Mark Gilbert summed it up accurately for Bloomberg View: "The nation's stubborn contradictory stance -- yes to the euro, no to the conditions of continued membership -- isn't consistent with the euro's future well-being."

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