The Euro Ark
The euro’s launch ten years ago this month was both a decisive political gesture and a highly ambitious economic project – one that has exceeded all expectations. In a world in which the challenges are increasingly global – and where size matters – Europe must approach the euro’s second decade with a redoubled spirit of ambition, determination, and cooperation.
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BRUSSELS – The euro is celebrating its tenth anniversary against the background of the most difficult economic climate since its birth. The financial storm that swept in from the United States, and the onset of a severe economic downturn, confronts Europe with unprecedented challenges.