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Eurozone Assured of Bail Out Process and Value of the Euro

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September 9th, 2022

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The Eurozone has some countries with severe debt problems: Portugal, Ireland, Italy, Greece and Spain, sometimes known as PIIGS. These Euro countries are looking for and have been assured of a “bail-out” process so that no one defaults on their debt. What do you now think is likely to happen to the relative value of the Euro?

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