Euro will be stable despite euro zone woes say German Finance Minister

The euro currency will remain stable despite fiscal problems in some euro zone countries, Germany's finance minister said on Friday.

Wolfgang Schaeuble also said the European Union would make sure that Greece, one of the countries with a big fiscal problem, would stick to its belt-tightening pledges.

"The EU has imposed heavy measures on Greece, like an austerity and savings program, and it will watch closely that Greece acts according to that," the minister said.

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