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Trump may be just what the doctor ordered to rescue the eurozone

Published Wed, Dec 7, 2016 · 09:50 PM

Brussels

EUROPE has just endured two more difficult tests. While Austrian voters rejected the possibility of the European Union getting its first far-right head of state, Italians delivered a stinging rebuke to their government - and opened the way for populist forces to come to power. Add to that a "Brexit" that has yet to unfold and the eurozone's still- lacklustre economic performance, and the survival of the common currency is far from guaranteed.

With the euro taking the blame in recent years for Europe's many economic travails (from a double-dip recession to a slow and uneven recovery), nationalist, eurosceptic and populist political movements have gained ground. Austria has sidestepped their advance, but Italy may not.

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