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Commentary: For euro reforms, growth is the enemy

Reuters Thomson

Europe’s currency union - not so long ago on its sickbed - has started the year in rude health.

The winning streak looks set to continue since economic confidence in the euro area is at its highest for almost two decades, but it will have an unwelcome side-effect.

The more the euro zone economy thrives, the less pressure there will be on European politicians to take steps to prevent future crises.


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