Forex Blog

November 16, 2010

Official Says EU in “Survival Crisis”

Referring to the ongoing debt crisis for several European Union members including Greece and Ireland, the EU Council President said the very existence of the EU was at risk if the euro failed.

In order to progress beyond the debt crisis noted Herman Van Rompuy, “we all have to work together in order to survive with the eurozone, because if we don’t survive with the eurozone we will not survive with the European Union.”

Source: BBC News

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