Euro zone leaders will save monetary union: German ambassador
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In spite of the current gloomy economic prospects in the European Union, the German ambassador to Thailand has said the euro zone is unlikely to break up because its leaders are committed to saving the monetary union.
In addition, the economic woes in the EU are caused by the sovereign-debt crisis in some euro-zone countries, and not by the currency problem, said Rolf Schulze.
In spite of speculation that the euro may break up, Schulze said:
