The "Last Days" of the Euro We seem to have entered the last days of the euro as we currently know it. That doesn't make a break-up very likely, but it does mean some extraordinary things will almost certainly need to happen probably by mid-January to prevent the progressive closure of all the euro zone sovereign bond markets, potentially accompanied by escalating runs on even the strongest banks. http://www.zerohedge.com/news/credi...escalating-bank-runs-strongest-european-banks .