Eurogroup of finance ministers head Juncker says that the euro is not endangered nor in crisis.
It is incredibly important to strengthen the preventative part of the stability pact, he says on German TV.
Automatic sanctions are needed for budget breakers, he says.
Talk that the euro’s existence is threatened is “unscientific blabber”.
His proposal for euro bonds should be analytically assessed; it has its virtues, he said scientifically…
EUR/USD is at 1.3160, chopping around in thin markets.
