Germany's Merkel says euro is in danger
BERLIN |
BERLIN May 19 (Reuters) - The euro EUR= is in danger, German Chancellor Angela Merkel said in a speech to parliament on Wednesday.
"Every one of us here can feel that the current crisis of the euro is the greatest challenge that Europe has faced for decades, since the signing of the Treaty of Rome," she said. "This challenge is existential. And we have to rise to it.
"I'll boil it down to its core: The euro is the foundation for growth and prosperity, along with the common market -- also for Germany. The euro is in danger.
"If we don't deal with this danger, then the consequences for us in Europe are incalcuable."
(Reporting by Erik Kirschbaum and Paul Carrel)
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