Socio-Economics History Blog

Socio-Economics & History Commentary

‘Euro is at Its End!’ Anti-Merkel Party Attack Failing Currency Which ‘CANNOT’ Be Saved

Eurozone_Collapse

  • ‘Euro is at Its End!’ Anti-Merkel Party Attack Failing Currency Which ‘CANNOT’ Be Saved
    by AJAY NAIR, http://www.express.co.uk/
    A LEADING member of Alternative for Germany (AfD) has warned of an impending “crisis” within the EU because of the crumbling euro.

    Beatrix von Storch, an MEP and influential member of the far-right group, invited speakers to discuss the future of the and potential alternatives to the present European monetary system in Berlin on Thursday. She said the currency, which was introduced in in January 2002, was destined for failure and said it “cannot be saved”.

    The AfD has enjoyed a rise in support in recent months while Germany was hit by multiple terrorist attacks.

    Ms von Stroch said: ”Because of the euro, in the way it is at present, [it] does not work, because it failed, because it cannot be saved. “More and more measures are being taken which, in the end, will not lead to saving the euro in its present form. In my opinion, it is at its end.”

    The MEP said the EU was “facing a crisis, the magnitude of which we are not aware of”. She then warned of an incoming disaster for the eurozone if Italy was to leave the single currency. ”I believe that the topic of the euro ended up in oblivion [but] we will be falling on our toes heavily and abruptly when we realise that Italy is not at all comparable with Greece and that we twisted ourselves with Greece but that that was nothing in comparison with Italy,” she said.

    She blasted the EU and its “federal influence” while speaking about her hopes for a future currency.

    read more.
http://www.express.co.uk/news/politics/711387/European-Union-Juncker-plan-economy-army-Brussels-led-superstate

Click on image for article.

http://www.express.co.uk/news/world/718199/EU-superstate-plot-intensifies-Brussels-plans-prosecutor

Click on image for article.

http://www.express.co.uk/news/politics/711387/European-Union-Juncker-plan-economy-army-Brussels-led-superstate

Click on image for article.

end

January 28, 2017 - Posted by | Economics, GeoPolitics | , , , , , , , , , , ,

Sorry, the comment form is closed at this time.

%d bloggers like this: