The Euro has failed because the participating countries ignored the fiscal rules.
So we are hearing, as fintag predicted, the Euro is to be split into a Euro A and a Euro B.
Euro A countries will be restricted in their abilities to tax and spend and if targets are breached they will be relegated to Euro B status.
Euro B countries will be given 3 years to "get their acts together". If they do, they become Euro A again. If they fail, they will have to leave the Euro.
Seems reasonable. Seems inevitable.
Tesco tells Euro to fcuk off (telegraph)
Google to pay mercenaries to take out Yahoo (bloomberg)
Fintag to win the £250,000 prize for sorting out the Euro problem.