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Euro 'not in danger'

May 20 2010 12:16

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Paris - French Economy Minister Christine Lagarde said on Thursday that she did not believe the euro was in danger, after a German clampdown on short-selling triggered a new fall in the currency.

"I absolutely do not believe that the euro is in danger," Lagarde told RTL radio. "The euro is a solid, credible currency that has assured the stability of the eurozone for more than 10 years."

She also denied any "distance" between Paris and Berlin on euro policy, after German Chancellor Angela Merkel on Wednesday said the euro was in danger and warned of "incalculable" consequences if the single currency fails.

 - AFP

 
 
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It pays to know the cost and what you’re getting in return
May 28 2012 09:33

Investors may not have a clue what they’re paying their money managers or they type of service they’re getting, or, whether they can actually negotiate lower fees. (Reuters)

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