Predictions Disagree On Euro's Future | KCUR

Predictions Disagree On Euro's Future

Jan 6, 2012
Originally published on January 6, 2012 9:37 am
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STEVE INSKEEP, HOST:

NPR's business news starts with predictions for 2012.

(SOUNDBITE OF MUSIC)

INSKEEP: Director of the International Monetary Fund says this year will not be the end of the euro currency, despite the debt crisis in Europe. Christine Lagarde said during a visit to South Africa today that sovereign debt is a concern for many European countries, obviously. But the euro currency, she said, is solid.

The billionaire investor George Soros is not so sure. He's been quoted as saying today that what's happening in Europe is more serious and more threatening than the crash of 2008. Transcript provided by NPR, Copyright NPR.