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Germany is heading toward stagnation, while France has been flirting with recession (Photo: Bundesregierung/Bergmann)

Divided Europe, divided Eurozone

Early in the week, eurozone finance ministers reached a deal to deter Greek default. After marathon talks, they were upbeat. "This is not just about money," said eurogroup chairman Jean-Claude Juncker.

"This is the promise of a better future for the Greek people and for the euro area as a whole, a break from the era of missed targets and loose implementation towards a new paradigm of steadfast reform momentum, declining debt ratios and a return to growth."

And yet, the reality is...

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The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

Germany is heading toward stagnation, while France has been flirting with recession (Photo: Bundesregierung/Bergmann)

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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