Bloomberg News

The Euro Is ‘Success Story’ and Reserve Currency, Asmussen Says

October 27, 2011

Oct. 27 (Bloomberg) -- German Deputy Finance Minister Joerg Asmussen said that the euro is a “success story” and has delivered internal and external stability to the region.

The euro is now established as a reserve currency, Asmussen said in a speech in Berlin today. Germany is benefitting from the euro, he said.

To contact the reporter on this story: Rainer Buergin in Berlin at rbuergin1@bloomberg.net

To contact the editor responsible for this story: Alan Crawford at acrawford6@bloomberg.net


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