Schauble Backs Euro

December 12th, 2010
in Background

Berlin (CNBC.com):  The German Finance Minister vigorously defended the Euro in comments published today in Bild am Sonntag.  Wolfgang Schauble said the Euro and the EMU (European Monetary Union will not fail.

Follow up:

From The Local:

"Whoever bets his money against the euro will not succeed," Schäuble told the mass circulation weekly Bild am Sonntag, in an interview to appear in Sunday's edition.

"The euro will not fail," added the minister, amid speculation that debt crises in some countries of the 16-nation zone could bring down the currency.

"All those in charge in Europe are agreed: The euro brings us all advantages. And therefore we will successfully defend it," Schäuble added.

Shauble said that if even one small member departure, such as Greece or Ireland, the "results would be incalculable."  Read more at CNBC.....









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved