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6/23/11

Opinion: Save the Euro!

SPIEGEL ONLINE - News - International

"Save the Euro!

By Christian Reiermann

The euro zone needs a new approach to fighting the Greek debt crisis.

There are plenty of ideas going around for how best to save the euro. But most importantly, politicians must finally tell their voters the truth: We must help the Greeks and it will be expensive -- for everybody involved.
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After over a year of futile attempts to rescue the euro , it would be difficult for even the most ardent supporters of the common currency to avoid coming to the same conclusion: The euro zone is anything but an optimal currency area."

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