Bloomberg News

Juncker Says Euro Collapse Would Put Unification Plans at Risk

December 14, 2011

Dec. 14 (Bloomberg) -- Luxembourg’s Jean-Claude Juncker, who leads the group of euro-area finance ministers, said a collapse of the euro would place European unification at risk.

“If the euro falls -- and it won’t -- then the entire European unification project is at risk in its substance and in its essence,” Juncker said in the Luxembourg Parliament today.

“I’m fundamentally convinced that if we don’t manage in the coming years to make it sustainable in the future, the entire European unification will crumble again into pieces.”

To contact the reporter on this story: Stephanie Bodoni in Luxembourg at sbodoni@bloomberg.net

To contact the editor responsible for this story: Patrick Henry at phenry8@bloomberg.net


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