Eurowrap 25/07/12

Two events will shape the next tragic act in Europe...  

...But nobody seems to have caught on to what they are.

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Is there even a panic button in Europe?

Tim Duy on the lack of panic in the euro zone.

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Germany is the only country doing anything right in the euro zone

Why Germany is right to tightly control bailout terms.

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Celebrity death swaps  

A look at the similarities between derivative pricing in the financial and celebrity worlds.

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