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The worst of the eurozone crisis is over, Mario Monti, the former Italian prime minister and European Commissioner, told an IESE meeting on "The Future of Europe and Its Influence in a Global World." All the necessary instruments that weren't there at the beginning have been put in place, he said, citing firewalls, steps toward greater banking union, the fight against corruption and a restructuring of labor markets. If Europe doesn’t start to think and act beyond its borders, it could lead to the disintegration of Europe itself.
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