Treichl: „Europe Does Not Need the Euro“

More+Comment ♦ Published: June 25, 2012; 17:47 ♦ (Vindobona)

Andreas Treichl, CEO of Austrian Erste Group thinks that the European Union would work very well without the common currency. A common army would be more important.

Treichl: „Europe Does Not Need the Euro“ / Picture: ©

In an interview with the Austrian news magazine „trend“, Treichl underlines to be a „great fan“ of Europe. Nevertheless, Europe without the common currency would work very well, he thinks. „There can be a common Europe withouth the Euro.“

Treichl appeals on the European politics. „There must be clear decisions in which direction Europe goes. In the end, there is a…