Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Germany’s Kauder Says Euro More Stable Than Dollar, Bild Says

Dec. 5 (Bloomberg) -- The euro is “a stable currency, more stable than the dollar,” Volker Kauder, the caucus leader in parliament for Chancellor Angela Merkel’s Christian Democratic Union, said in an interview, according to Bild am Sonntag.

Financial markets must learn that in the European Monetary Union, several governments are responsible for the currency, and his party is against bonds to be issued by the European Union as opposed to individual states, as “every government must look after their finances themselves,” the newspaper cited Kauder as saying.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net.

To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.