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Why would weaker countries leaving the Eurozone be considered a pessimistic outcome? What would be the negative consequences, particularly in the long run?
I agree with you Brian, But keeping all these points in mind, i believe that the author has used "pessimistic" to describe the fate of the Euro-zone, the confederation of 17 nations, and not the individual nation per se. I think he means that since breaking away from the Euro-zone might be the only feasible solution, the future for Euro seems bleak.