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Strong euro risks turning EU Japanese

European Central Bank beset by challenges ranging from a beefy currency to creeping deflation to a likely double-dip recession

TOKYO – On any list of economies that risk “turning Japanese,” the Eurozone often places near the very top and deservedly so.

  • William Pesek
  • Asia Times

After a decade of secular stagnation, negligible yields despite runaway public borrowing and banks veering from one credit event to the next, the risks of a Japan-like funk are altering…

And reorienting priorities at European Central Bank (ECB) headquarters 9,300 kilometers from Tokyo.

As 2021 unfolds…

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