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On Euro's 20th birthday, Europe's five presidents say it still needs work

Here's a collection of comments from the EU's political and monetary heads, a day before the January 1 anniversary

euro zone

Euro coins are seen in front of a displayed stock graph in this photo illustration taken in Zenica, Bosnia and Herzegovina | Reuters

Piotr Skolimowski | Bloomberg
The five presidents of the European Union used the euro’s 20th birthday to praise the single currency’s successes, while warning that the job isn’t yet complete.

The continent’s monetary union, one of the biggest economic experiments of the modern era, has grown to 19 members from its initial 11 and now covers 340 million citizens. But the shackling together of nations as diverse as Germany, Italy and Greece also created strains that led to a debt crisis and which continue to fuel political flare-ups.

Here’s a collection of comments from the EU’s political and monetary heads, a day before the January 1

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First Published: Dec 31 2018 | 6:42 AM IST

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