Euro Sinks Further After ‘Break Up’ Talk

The under-fire euro fell further on Wednesday, slumping to an eight-month low against the US dollar amid rumblings over the long-term future of the eurozone.

The fresh selling was prompted by a report claiming that Hans Eichel, the German finance minister, and Axel Weber, the president of the Bundesbank, were present at a meeting at which the possible break-up of European Monetary Union was discussed.

The German Bundestag is also said to have commissioned a report on the legal repercussions of a country wishing to leave the EMU
Financial Times