The Eurozone financial fragility is growing with economic giant Germany accumulating debts of 1.0687 trillion euros and more.
If the Euro crumbles under its own weight, a faster Bitcoin and crypto adoption is likely in the Eurozone.
The euro has existed as an official currency for only 21 years. However, following the monetary union in 2002, the fate of the euro was already uncertain. Consequently, then ECB President Mario Draghi announced in 2012 that the common currency would be defended using all available means.
Over a decade after averting the collapse of the eurozone, there is a renewed risk of its downfall. The Eurosystem is grappling with significant over-indebtedness, as noted by financial market expert Alasdair Macleod.
Both the ECB and the national central banks of member states have engaged in excessive money printing through the purchase of government bonds. This strategy provided governments with more financial flexibility and aimed to stimulate inflation. The bond purc
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