Euro 'not in danger': French economy minister

20th May 2010, Comments 0 comments

French Economy Minister Christine Lagarde said 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.

© 2010 AFP

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