PARIS: Oskar Lafontaine's resignation has only brought a brief respite to the Euro. Its weakness will now continue. If things keep going as they are going, the Euro will soon stand at a value of less than one euro to the dollar. This is a threshold fraught with symbolism: within just a few short months of its birth the "strong" euro that its architects seemed to prophecy will have transformed itself into a weak euro.
PARIS: Oskar Lafontaine's resignation has only brought a brief respite to the Euro. Its weakness will now continue. If things keep going as they are going, the Euro will soon stand at a value of less than one euro to the dollar. This is a threshold fraught with symbolism: within just a few short months of its birth the "strong" euro that its architects seemed to prophecy will have transformed itself into a weak euro.