Greek troubles threaten eurozone expansion

Feb 25, 2010
Staff and wire reports

TALLINN - The meltdown in Greece’s finances may have negative implications for Estonia’s attempts to join the euro club next year. Greece’s ‘new standards’ in its fiscal creativity have exposed the flaws in Europe’s hybrid of monetary union and fiscal indiscipline, reports Bloomberg. The crisis engulfing Greece risks extending the euro’s 6 percent slide against the dollar so far this year, its expansion into eastern Europe and its prospects to challen ...

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