Tuesday, January 3, 2012

Crisis talk, austerity calls mark euro anniversary

Crisis talk, austerity calls mark euro anniversary
Sun,1 Jan 2012 09:33 AM PST
Reuters -

photoBERLIN (Reuters) - Policymakers marked the 10th anniversary on Sunday of the introduction of euro notes and coins by urging governments in the currency bloc to save and consolidate to overcome their debt crisis. While German Finance Minister Wolfgang Schaeuble called the euro "a clear success story" and pledged the currency would remain stable, he also urged vulnerable debtor states to follow a tough savings course in 2012, boost their competitiveness and work to win back market confidence. ...

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