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The euro is at its strongest for a decade

Grexit would not do much damage to either the euro's value or its survival

By Anatole Kaletsky  

Mario Draghi, President of the European Central Bank, looking cautiously optimistic. © Wiktor Dabkowski/DPA/Press Association Images

As a longstanding euro-sceptic—with a small “e”, referring to the European currency, not the whole European Union—I get no pleasure from saying this, but the euro now looks stronger than at any time in the past decade. It is stronger both in the sense of its survival prospects and of its value in comparison with the US dollar and…

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