Jacques Delors: Euro was flawed from beginning

Author (Corporate)
Series Title
Series Details 3.12.11
Publication Date 03/12/2011
Content Type

Report of an interview given by Jacques Delors, former European Commission President and key architect of the EU's single currency, with the Daily Telegraph, December 2011. Mr Mr Delors said that the eurozone debt crisis in 2011 stemmed not from the idea of a single currency itself, but from 'a fault in execution' by political leaders who oversaw its launch.

Source Link http://www.bbc.co.uk/news/world-europe-16016131
Related Links
ESO: Background information: Clash of styles in race to save single currency http://www.europeansources.info/record/clash-of-styles-in-race-to-save-single-currency-battle-of-wills-rages-over-european-fiscal-rules/
Daily Telegraph, 3.12.11: Jacques Delors interview: Euro would still be strong if it had been built to my plan http://www.telegraph.co.uk/finance/financialcrisis/8932640/Jacques-Delors-interview-Euro-would-still-be-strong-if-it-had-been-built-to-my-plan.html
Reuters, 2.12.11: Delors says euro flawed from start, blames leaders http://www.reuters.com/article/2011/12/02/britain-euro-delors-idUSL5E7N23ZH20111202

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