article_snippet: is a small nation with a long history of tax evasion, government debt defaults and a dysfunctional business and regulatory climate budget to get into the euro.
article_snippet: Country B entered the euro with an honest accounting of Country B finances.
article_snippet: That something else, in large part, is the euro.
article_snippet: These are not trivial concessions, especially in a currency union like the euro where transfers between rich and poor sectors of Spain's economy are limited, strict budget rules deny individual countries the flexibility to react to a crisis, and trade between euro-area nations is severely imbalanced.
article_snippet: Mario Draghi, head of the European Central Bank, famously said: "The euro is forever.
article_snippet: That may or may not be so, but "The euro doesn't mean that countries like Greece and Spain should stay in "The euro forever.
highlights_snippet: Something else is going on, Lisa Tripp says: That something else, in large part, is the euro .