It Has been another turbulent week for the euro. Investors have pondered the €750 billion ($950 billion) rescue plan devised by euro-zone finance min-isters-and remain nervous (see page 81). The euro has fallen sharply. Fears that the rescuernplan will not be implemented may grow. But the real worry is that the time the plan should buy may be wasted as a result of three delusions which have overtaken European leaders.
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