Paul Taylor

Analysis: Whatever happened to the euro zone crisis?

By Paul Taylor
August 9, 2010

PARIS (Reuters) – What a difference a few weeks make.

In early June, doomsayers were predicting the demise of the euro after a 110 billion euro ($145.2 billion) bailout for Greece and a $1 trillion financial safety net for the rest of the 16-nation single currency area failed to calm market panic.

Whatever happened to the euro zone crisis?

By Paul Taylor
August 9, 2010

PARIS (Reuters) – What a difference a few weeks make. In early June, doomsayers were predicting the demise of the euro after a 110 billion euro ($145.2 billion) bailout for Greece and a $1 trillion financial safety net for the rest of the 16-nation single currency area failed to calm market panic.