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„The end of the Euro would mean Europe´s Explosion“

Published: June 25, 2012; 18:25 · (Vindobona)

Ewald Nowotny, governor of the Austrian Central Bank (OeNB) reaffirms that Europe needs the Euro.

„The end of the Euro would mean Europe´s Explosion“ / Picture: © Wikipedia / Christian Wirth (Wirthi)

Nowotny underlines that the Euro has no crisis, but several Eurozone member states. In an interview with the Austrian newspaper „Kurier“, OeNB´s governor warns that there is no alternative to the Euro.

Regarding the coming EU summit, Nowotny warns of having unrealistic expectations. „The proposals contain the political union, the fiscal union and the banking union. All…

This article includes a total of 257 words.

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