TOKYO — The euro zone is sometimes dubbed "Euroland" by Americans (and some Asians). Given its echoes of "Disneyland," a place of fantasy, that is a far more mocking than useful nickname. Ever since the euro was first proposed, skeptics (mostly American) and believers (mostly European) have fiercely debated the economic preconditions for the single currency, its benefits for members, and its political feasibility.
Read Full Article »
