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Markets

Euro will always be 'strong': Merkel

Published Updated

angela-merkelHANOI: The euro will always be a "strong currency", German Chancellor Angela Merkel said on Wednesday after Slovakian lawmakers rejected an expansion of a key eurozone bailout fund.

"The euro has been and will always be a strong currency. Given the public debt issues at some of the European Union's member countries, I don't want the EU to become a debt union, but a strong union instead," Merkel said at a business forum in Ho Chi Minh City in southern Vietnam.

Copyright AFP (Agence France-Presse), 2011

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