The countries that were some time ago, success stories of the Euro zone integration are now one of the biggest worries to the founding members as the economies of Portural, Ireland, Greece, Spain and Italy are facing serious challenges and are not able to keep up with France and Germany.
Day by day, fears are growing that Greece or another weak country may default on its sovereign debt obligations, forcing the richer countries in Europe to ride to the rescue or risk having one or more of its most vulnerable members leave the 16-nation euro zone.
Many European economists discount such a fracture as a remote possibility. But that doesnÃ¢â‚¬â„¢t mean Europe has safely emerged from crisis.
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