IT was not an ideal way to mark a silver jubilee. The 25th anniversary of the signing of the Maastricht treaty, which gave life to the idea of a single European currency, fell on February 7th, the same day that the imf published its annual health-check on the Greek economy. It said most (but not all) of its board favoured more debt relief to get Greece's public finances in order—an idea quickly trashed by euro-zone officials.
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