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situation report

Jun 2, 2005 | 20:32 GMT

Germany: Euro Failure Reports 'Irresponsible'

Reports about a possible failure of the euro as a common currency are "irresponsible," German Finance Minister Hans Eichel said June 2. German weekly magazine Stern reported June 1 that Eichel and Bundesbank President Axel Weber had discussed with economists the possibility of the euro's failure. The German Finance Ministry and Bundesbank both rejected the Stern report.
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Germany: Euro Failure Reports 'Irresponsible'
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