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PARIS The European Union’s Nobel peace prize comes just as a realization is dawning that Europe’s single currency – the EU’s most ambitious project – has survived three years of incessant financial turmoil and is not going to break up. But having narrowly avoided an acrimonious divorce and the loss of some of its errant children, the euro zone risks a future as an unequal, loveless marriage with frequent rows and the prospect of separate bedrooms. Two things have become clearer in the last few weeks that were widely disputed before: contrary to prevailing opinion earlier this year, the euro [...]

Long before you start discussing the invitation list, bridesmaid dress colors and possible honeymoon destinations, you and your spouse-to-be should have a heart-to-heart talk about something much more mundane — the wedding budget. In planning their dream weddings, too many couples set themselves up for rude financial awakenings. When their honeymoons are over, they start married life saddled with credit card debt.A recent Visa Inc. survey showed that 88 percent of married couples think they spent too much money on some aspect of their weddings. The most frequent budget-buster was food and drink. Fully 18 percent of the newlyweds surveyed [...]

The current divorce rate shows that marriage as an institution is collapsing, but recent court decisions are crumbling the definition as well. A series of decisions by federal courts has thrown the Defense of Marriage Act, or DOMA, into disarray. Most recently, a U.S. District Court in New York State declared the heart of this federal law “unconstitutional.” In the case of Windsor v. the United States, Edie Windsor, the survivor in a same-sex marriage, sued the IRS claiming she was forced to overpay estate taxes because she was not recognized as the legal spouse of deceased Thea Spyer. The [...]

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