LiveLeak.com - Currency Crash: 'No solution to crisis

Currency Crash: 'No solution to crisis - too late to save euro'

Uploaded by RussiaToday
on Dec 2, 2011

The person essentially in charge of
Europe's purse strings says there is no easy fix to the Eurozone's debt
crisis and finding a solution will take years. German Chancellor Angela
Merkel said the region needs a new financial union with stronger
controls and debt regulations. Economic analyst Michael Mross, says he
agrees with the EU monetary chief, who warned the Eurozone is running
out of time to tackle its debt.

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Added: Dec-2-2011 Occurred On: Dec-2-2011
By: Jazigga
In: World News
Tags: RT, Michael, Mross, EU, monetary, Fiscal, Union, Angela, Merkel, German, Chancellor, Merkel, budget, cuts, economy, scandal, eurozone, Greece, EU, euro, austerity, eurocrisis, democracy, Berlusconi, Europe, Papademos, European Central Bank, Papandreou, bureaucracy, European, taxpayers
Location: United Kingdom (UK/GB) (load item map)
Marked as: approved
Views: 3383 | Comments: 13 | Votes: 1 | Favorites: 1 | Shared: 0 | Updates: 0 | Times used in channels: 2

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