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Growing EU policy disputes could undermine common currency: French minister

From channelnewsasia.com

Widening differences over economic policy among euro area countries are "unsustainable" and could undermine the currency union itself, French Finance Minister Bruno Le Maire said Friday (Apr 12). "There isn't enough solidarity in the eurozone," Le Maire told reporters on the sidelines of the International Monetary Fund and World Bank Spring meetings. "Growing economic divisions among member states are unsustainable in the long term and could result in the disappearance of the common currency project." "Countries with solid budgets must invest more," Le Maire said. That was the same message pushed by the IMF itself, ... (full story)

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