Sunday, December 4, 2011

Euro inherently flawed, says Delors



















Over-optimism shown by the euro's creators meant the current debt crisis was inevitable, Jacques Delors, one of the currency's chief architects, said in an interview published in Saturday's Daily Telegraph.

The former European Commission president also accused current European leaders of amplifying the crisis by doing "too little, too late", in his first interview with a British newspaper for almost a decade.


AFP