Is the Euro Crisis Over?
Three years ago, the euro crisis began when Greece became a cause for concern among policymakers and a cause for excitement among money managers. Does the armistice that has prevailed since the end of 2012 mean that the crisis is over?
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BRUSSELS – Financial crises tend to start abruptly and end by surprise. Three years ago, the euro crisis began when Greece became a cause for concern among policymakers and a cause for excitement among money managers. Since the end of 2012, a sort of armistice has prevailed. Does that mean that the crisis is over?