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The Euro Crisis - Eurozone Countries Come to the Currency’s Rescue
The Euro Crisis - Eurozone Countries Come to the Currency’s Rescue
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The Euro Crisis - Eurozone Countries Come to the Currency’s Rescue
Leaders of the countries that share the euro agreed on Sunday to a 750-billion euro emergency package to defend the currency against attacks from speculators. Officials say the move became necessary after the euro’s value started to collapse amid growing concern about debt crises in several eurozone countries.Angela Merkel blamed attacks by speculators. Some finance ministers even compared speculators to packs of wolves. But can the billions save the euro?
Channel: Deutsche Welle
Category: News
Video Length: 314
Date Found: May 14, 2010
Date Produced:
View Count: 0
 
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