The Countdown Has Begun for the Eurozone Breakup
April 07, 2011 at 11:00 AM EDT
The ECB decided to raise interest rates today, despite the strain it is going to put on the Eurozone. Michael T. Darda explains in the WSJ what this could mean for the currency union: If the ECB starts to tighten policy as expected, it could be a “lights out” situation for the beleaguered European periphery [...]