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Merkel says euro zone must remain one bloc | Reuters

BERLIN The euro zone must remain as one bloc, German Chancellor Angela Merkel said on Thursday, urging members of the single currency bloc to deliver on their common commitments."For me it is not a matter of two speeds within the euro zone," Merkel said. "The euro zone must remain together. And what we agreed on should be delivered together by all the euro member states."Finance Minister Wolfgang Schaeuble said on Wednesday that Greece would have to leave the euro zone if it failed to meet its bailout commitments.

"The pressure on the Greeks to undertake reform must be maintained so that they become competitive, otherwise they can't remain in the currency area," Schaeuble told public broadcaster ARD.

(Reporting by Andreas Rinke; Writing by Joseph Nasr; Editing by Andrew Heaves)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Feb 10, 2017 02:18 AM

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