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Eurozone crisis recedes, but risks remain

The three-year-old European debt crisis is still some way from being resolved. Inevitably, this will take years more. But the cacophony of voices predicting the imminent break-up of Europe's common currency has faded in recent months. Because of steps taken by governments separately and together, as well as by the European Central Bank, Europeans are beginning to contemplate the possible consequences of the survival of the euro, rather than of its disintegration.