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View Full Version : Euro Breakup Precedent Seen When 15 State-Ruble Zone Fell Apart - Bloomberg



NewsWhore
06-07-2012, 08:10 PM
Euro Breakup Precedent Seen When 15 State-Ruble Zone Fell Apart (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNENQABuX0_FCsK3Fs7jJEshUn2tag&url=http://www.bloomberg.com/news/2012-06-07/euro-breakup-precedent-seen-when-15-state-ruble-zone-fell-apart.html)
Bloomberg
It was a currency union of 15 states in 1992. Two years later, as budget deficits spiraled out of control, hyperinflation reigned and economies shriveled, just two members of the Soviet Union's ruble zone were left. As Greek politicians threaten to ...

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