Alan Brown: How the euro can be dissolved

HOW THE EURO CAN DISSOLVE

As the Irish bond crisis reignites the debate over the future of the euro, Schroders group CIO Alan Brown uses history to explain how a currency union can be dissolved.

Introduction There are entrenched views on both sides as to whether the euro can survive in its current form or not. On the continent, many regard speculation on the break up of the euro as Anglo...