Yes. Despite the crisis in the European peripheral countries come and go, but the operation of the euro area member states will remain very strong, enough to avoid the appearance of outright default, let alone out of the euro zone. In 2011, the breach of contract may also be blocked. But even long-term perspective, the breach of contract - or, more precisely, debt restructuring - it seems inevitable, an important reason is that Germany
The key problem is that those who breach the public sector experienced the country is prepared to persevere in the euro area. In these grim circumstances out of the euro area will certainly lower the cost. If the alternative is years of deflation and depression - the possibility now exists - in some countries may choose to leave. But this situation does not occur in 2011.
At the same time, if the downsizing of the euro area, became a German economy to adapt to the alliance, the euro or even the long term will certainly continue to exist.