Philippe Vaccaro: What can history teach us about the options still left for a euro zone pulled apart by divergence between a competitive core and an uncompetitive periphery; arguments about austerity versus stimulus; and the increasing gulf between those advocating to keep Greece inside the club at all costs and those lobbying for an exit? If Greece makes it… 05/22/2012
Euro Crisis News Overview: The decision to suspend Greece from the common currency became inevitable when it emerged that Athens had fiddled with the accounts yet again amid chronic economic weakness, forfeiting what credibility in the international arena it still had left. That was in 1908. After diluting the gold content in its coins, Greece left the Latin Monetary Union… 05/22/2012