Euro Breakup Risks ‘Incalculable,’ Keitel Tells Sueddeutsche

A breakup of the euro region would pose “incalculable risks” for Europe’s economic and political stability, Hans-Peter Keitel, president of Germany’s BDI industry federation, told the Sueddeutsche Zeitung.

Euro critics don’t sufficiently appreciate the advantages of interdependence in Europe, the newspaper cited Keitel, whose lobby group represents more than 100,000 companies with more than 8 million workers, as saying in an interview.

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

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net