Category: Currency Currents
- Published: 19 May 2010
- Written by Editor
Dear Mrs. Merkel we’d like to say, “It is calculable!”
Man, if she keeps this up, Mr. Sarkozy is in danger of losing his top spot as the Eurozone leader most prone to bouts of hyperbole.
BERLIN, May 19 (Reutes) - The euro is in danger, German Chancellor Angela Merkel said in a speech to parliament on Wednesday. "Every one of us here can feel that the current crisis of the euro is the greatest challenge that Europe has faced for decades, since the signing of the Treaty of Rome," she said. "This challenge is existential. And we have to rise to it. "I'll boil it down to its core: The euro is the foundation for growth and prosperity, along with the common market -- also for Germany. The euro is in danger. "If we don't deal with this danger, then the consequences for us in Europe are incalcuable."