Exact(30)
Meanwhile, the shared currency would strengthen the sense of European unity.
The shared currency, which was supposed to bind nations together, has instead created an atmosphere of bitter acrimony.
Now the euro crisis has exposed the need for a federative push to give the shared currency political backbone.
Lee McDarby of Investec Corporate Treasury: Yesterday's Eurogroup meeting has done little to buoy market sentiment towards the shared currency.
When the euro entered circulation in 2002, the notion was that the shared currency would propel the European Union toward greater political alignment.
Despite the strains on European unity, the shared currency as well as a relatively homogeneous legal system could eventually work in favor of the most stricken countries.
Similar(30)
One of the major issues facing Europe is the future of its shared currency, the Euro, which was set up in 1995.
The downturn was exacerbated by the unique defects of the euro — a shared currency that operates without a joint budget or political agreement among member states.
Although the how of achieving better for women – equality, fairness and justice – might separate us, the why and the what are shared currency.
They are more inured, having lived — or survived — with the problem longer than los indignados of Madrid, or the young Athenians now contemplating a possible "Grexit" from the euro (a shared currency Greece should never have been allowed to join).
A few suggested this could eventually trigger the breakup of the eurozone and the end of its shared currency, an event that could produce panic rivaling that seen after the investment banking giant Lehman Brothers collapsed more than three years ago.
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