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The euro was adopted as legal tender, albeit in a virtual form, by 11 countries of the European Union on January 1, 1999, with the intention that notes and coins denominated in euros would be introduced and the national currencies would be phased out during the first six months of that year and...
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"The economies of the Eurozone countries are plagued by multiple crises, which cast major doubts over the future of the … Eurozone was fundamentally flawed from its foundation. He shows how these ‘design faults’ intensified the effects of the crisis …
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