Another crisis could spell the end for the euro

WHEN the boom was at its height few would have envisaged that the euro would be in crisis in such a short space of time.

Crisis is no longer too strong a word for the pressure on the eurozone economies and, by implication, the single currency.

Germany’s decision to let the Greeks swing for a few weeks before finally backing the €110 billion bailout is the clearest signal yet that one of the chief anchors of the EU ideal may be growing tired of the project.