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August 28, 2011 –  "There is good explanation to wish that the crisis is over in two to 3 years' time," European Economic Balance Facility (EFSF) chief Klaus Regling mentioned, in accordance to a preview of the weekly German magazine. But this depended on member states continuing to implement reforms aimed at sorting out their budgets, he explained. Regling dismissed the notion that the euro zone could break apart. Equally weaker and more robust countries had a collective interest in viewing it survive, he stated. "The threat that the euro is discarded, from what ever quarter, is zero," he mentioned, criticizing occasional "hysteria" in Germany on this topic. He said his fellow countrymen expected almost everything to get even worse, but that this was the improper mindset. "The symptoms stage to an improvement," he mentioned, including that the financial fundamentals in euro zone nations appeared to be improving. (Reporting by Sylvia Westall Editing by David Holmes)
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