Euro is here to stay: German finance minister

FAN Editor
FILE PHOTO: 70 Years of Social Market Economy festivities with Chancellor Angela Merkel
FILE PHOTO: German Finance Minister Olaf Scholz speaks during the “70 Years of Social Market Economy” anniversary event at the Federal Ministry for Economic Affairs and Energy in Berlin, Germany, June 15, 2018. REUTERS/Michele Tantussi

June 22, 2018

BERLIN (Reuters) – The euro is irreversible, German Finance Minister Olaf Scholz said in a newspaper interview to be published on Saturday when asked if the single currency will still be there in 10 years.

“Yes, the euro is irreversible,” Scholz told the Rheinische Post. “It secures our common future in Europe.”

He added that an initial blueprint to strengthen the euro zone agreed between Chancellor Angela Merkel and French President Emmanuel Macron during talks at the Meseberg retreat outside Berlin this week would shield the euro from crises.

“With the Meseberg agreements we are further building the house of Europe,” he said. “It contains a sealed roof that withstands future storms and rainy days. We have a new momentum in Europe and this is thanks to President Macron.”

(Reporting by Joseph Nasr)

Free America Network Articles

Leave a Reply

Next Post

At Microsoft, 300 workers protest ICE contract, threaten to resign

The ongoing, controversial debate over the separation of immigrant children from their parents at the Southern border has spilled into the corporate world: At Microsoft, 300 employees are threatening to resign, unless the tech giant ends its contract with the U.S. Immigration and Customs Enforcement (ICE) agency. Continue Reading Below […]