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Top US general fears euro unrest

Posted By admin On December 10, 2011 @ 6:45 am In Money Watch,Tile | Comments Disabled

AFP [1]
December 10, 2011

TOP US military officer General Martin Dempsey has admitted he is “extraordinarily concerned” about the euro’s survival, pointing to potential civil unrest and the breakup of the European Union.

“The eurozone is at great risk,” the chairman of the Joint Chiefs of Staff told reporters, giving the strongest indication yet about the depth of Washington’s concerns over Europe’s financial tumult.

“We are extraordinarily concerned by the health and viability of the euro because in some ways we’re exposed literally to contracts but also because of the potential of civil unrest and breakup of the union that has been forged over there,” Dempsey said.

The unusually frank comments came hours after EU leaders banded together to back tighter budget enforcement, with 26 of the 27 members signalling their willingness to join a “new fiscal compact” to resolve the crisis.

Full article here [1]

 


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URLs in this post:

[1] AFP: http://www.theaustralian.com.au/news/top-us-general-fears-euro-unrest/story-e6frg6n6-1226218801980

[2] Swiss army prepares for euro zone unrest: http://www.prisonplanet.com/swiss-army-prepares-for-euro-zone-unrest.html

[3] Ireland fears civil unrest as bank crisis deepens: http://www.prisonplanet.com/ireland-fears-civil-unrest-as-bank-crisis-deepens.html

[4] Euro hits four-year low on fears debt crisis will spread: http://www.prisonplanet.com/euro-hits-four-year-low-on-fears-debt-crisis-will-spread.html

[5] Farage: We Face The Prospect Of Mass Civil Unrest In Europe: http://www.prisonplanet.com/farage-we-face-the-prospect-of-mass-civil-unrest-in-europe.html

[6] Soros Fears ‘Rebellion’, Warns “The Euro Could Destroy The EU”: http://www.prisonplanet.com/soros-fears-rebellion-warns-the-euro-could-destroy-the-eu.html

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