Titlebook: Breaking Up the Euro; The End of a Common Dimitris N. Chorafas Book 2013 Palgrave Macmillan, a division of Nature America Inc. 2013 Euro.E

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Throwing Money to the Four-Letter Wind: LTRO,2 trillion ($1.36 trillion) the ECB put in the market in December 2011 and February 2012. Officially this has been known as the Long-Term Refinancing Operation (LTRO). . Market professionals say that it was Nicolas Sarkozy who, together with Mario Monti, convinced Angela Merkel that it will turn the

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Fiscal Compact and Outright Monetary Transactions,its very existence, were engineered by François Mitterrand, the French president, and Guilio Andreotti, the Italian prime minister, to trap Helmut Kohl, the German chancellor, into abandoning the deutschmark in favor of the euro. What become known as the Maastricht Treaty. was signed in February 199

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Making Information Systems Workgional or local markets for raw materials, agricultural produce, manufactured goods and services—and, to a more limited extent, for labor. Countries in a relatively early stage of development saw their gross domestic product grow. Some, by adopting tools and methods from developed countries, established themselves as manufacturing powerhouses.

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The Value and Cost of a Vital Resource banks. For instance, lending €100 billion ($130 billion) to Spanish banks whose bad loans are over €300 billion, and lending to governments at the same time. The common characteristic of these proposals is that they end up in the wastebasket (where they belong) shortly after they have been formulated.