Wednesday, December 7, 2011

2012, the year of truth for the euro

It's the year of truth for the euro, with 2012 set to determine whether a 10-year-old currency can still pay its way without the countries that use it breaking apart.

If 2011 went down as the "annus horribilis" for the European Union's flagship icon of integration, leaders of Germany, France and debt-laden monetary partners are now staring into a precipice after months spent burying their heads in the sand.

AFP