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Stratfor: How 2017 is likely to be a turning point away from the eurozone

By this time next year, the eurozone could be defunct. Despite the small chances of it actually happening, the fact that the collapse of the currency union is even possible speaks volumes about the size of the problems Europe faces.

Since financial, economic and political crises descended on the Continent almost a decade ago, Europe has endured many difficult moments. But 2017 will be the most important year yet for the continuity of the eurozone as political and economic risk reaches the bloc’s very core in Germany, France and Italy.

Threats to the European Union and the eurozone become more acute as they spread to the bloc’s key members.

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