The Euro Crisis | People & Politics
- 14 years ago
Leaders of the countries that share the euro agreed on Sunday to a 750-billion euro emergency package to defend the currency against attacks from speculators. Officials say the move became necessary after the euro's value started to collapse amid growing concern about debt crises in several eurozone countries.Angela Merkel blamed attacks by speculators. Some finance ministers even compared speculators to packs of wolves. But can the billions save the euro?