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June 22nd, 2012
07:13 PM ET

Should we let the European Union fall apart?

OutFront tonight: Greece collapses. Well, the finance minister did anyways.

In what must have been a depressing visual for the distressed country, Vassilis Rapanos, the country's new finance minister, fainted just hours before he was to be sworn into his new job and had to be rushed to a hospital.

Additionally, Greece took a shellacking from Germany in the highly-anticipated Euro 2012 soccer match today, an outcome that many believed to be inevitable.

Sort of like... the end of the European Union? Italian Prime Minister Mario Monti warned today in one week the European debt crisis could move past the point of no return and lead to the breakup of the E.U.. And that's after a meeting between officials from France, Italy, Spain, and Germany met and declared they must do anything they can to save their currency.

But here's our question: could saving the E.U. be more trouble that it's worth? Erin Burnett explains that while it would take a lot of time and money to dismantle it, it would take even more of both to bail everyone out.


Filed under: Deconstruct • Economy • Euro • International
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