Market Currents
Mohamed El-Erian suggests a "smaller and less imperfect" monetary union, and calls for leaders...
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Monday, May 14, 2012, 1:02 PM ETMohamed El-Erian suggests a "smaller and less imperfect" monetary union, and calls for leaders to create an "off ramp," to allow exiting eurozone members to remain in the EU. Increasingly clear, not just in Athens, but in capitals across the continent, is a power shift from politicians to angry populations.
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