Friday, April 30, 2010

Read this and write a one sentence summary.

The risk now is that even if Europe puts its political differences aside and funds a Greek bailout package, key problems remain unaddressed -- such as a lack of cohesion in dealing with the fiscal problems of member states.

"The broader incapacity of euro area institutions is what's really on display here," said Orenstein. "It's going to be hard to keep the euro zone going without greater fiscal and monetary authority."

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