Euro currency—rip?
My fellow Mint columnist Narayan Ramachandran alerted me to a sincere proposal emanating from Euro-nomics, a group of academics focused on coming up with workable and specific solutions to the problems that Europe faces. Europe faces two problems—one is the historical debt accumulated by borrowers and lenders and the other one is to rediscover structural drivers of economic growth. Most of the solutions in the public domain address the first problem—some carelessly and some sincerely.
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