He first promised that savers in dollars would recover their funds in the original currency.

ECONOMIST: Return to the dark ages | The

Rather than building a federal system, it fills in two holes in the single currency's original design.

ECONOMIST: The future of the European Union

Another idea, which I have although I am sure it will not turn out to be original, might be to put an expiration date on currency.

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The pact's original rationale was to safeguard the credibility of the newborn euro as a hard currency.

ECONOMIST: Deficits and defiance