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Is a break-up of the euro looming? That was the question of the year – and it remains unanswered.

The new president of the ECB sent conflicting messages on that before giving a surprise Christmas present to the euro banking sector.

There were also mixed economic indicators from two major euro watchers, the United States and Britain. Host Stefan Grobe tries to make sense of all this with Thomas Costerg, an economist at Standard Chartered in London.

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