“Just a few short years ago, joining the Eurozone was the cherished hope of many of Europe’s poorest countries. Greece was so desperate to get in that it hired Goldman Sachs, which only helped to obscure further the extent of the Greek budget deficit. Now, several years into the European debt crisis, it’s not simply that some countries may want out (like Finland) but that potential new members no longer want in.”

http://www.europac.net/global_investor_newsletter_october_2012

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