Ken Rogoff's Radical Idea To Fix The Eurozone

After a series of efforts to keep Europe's ongoing debt crisis from turning into a worldwide financial disaster, it seems as though little has calmed investors: Greece, Portugal and Ireland are on the brink. Italy and Spain could be next. And while the economies of Germany and France are doing okay for now, even the healthy ones are showing signs of weakness.

Late Tuesday, lawmakers in Athens voted on a hugely unpopular property tax as part of a package of cuts to secure funds for a bailout package. Officials also worked to beef up a fund that facilitates low-cost loans for struggling EU countries.

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