Cyprus, noted Jeroen Dijsselbloem, was the new model for bank bailouts in the eurozone--which is to say, there won't be any.
“eurozone Deal Leaves Britain Isolated” trumpets the Financial Times, for many years an ardent proponent of monetary union.
Might either of the two bring up the malignant problems experienced by the eurozone?
In the last quarter of 2012, the eurozone as a whole contracted, which has never happened before.
Much of the eurozone is stuck in a simmering crisis that never seems to really resolve itself.
Obviously, actions taken here will influence ongoing efforts across the Atlantic to stabilize the eurozone—and visa versa.
The hard-pressed countries of the eurozone have an escape hatch: They can quit the euro currency.
A eurozone that forever threatens to pull the world's economy underwater.
And the eurozone crisis is a major preoccupation for everyone.
eurozone leaders are ignoring these basic tenets of deposit insurance.