Merkel warns against euro plunge

Merkel warns against euro plunge
# 14 May 2010 09:24 (UTC +04:00)
Baku - APA-Economics. German Chancellor Angela Merkel has warned against the devaluation of euro against other currencies, saying it is threatening the whole European Union project, Press TV reported.

If the euro fails, it’s not only the currency that fails but much more, it’s Europe that fails and with it the idea of the European Union, she added.

She, however, said that "we must keep that promise" to assure the euro’s stability.
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