Below is a part of an interview of DR Konrad (Merkel's advisor ) in which he refers to the euro and says that he is pessimistic about the outlook of the whole project.
In notably outspoken remarks for a senior German figure, Dr Konrad, chairman
of a scientific council that advises the finance ministry, said: “Europe is
important to me. Not the euro. And I would only give the euro a limited
chance of survival.”
Asked whether he thought the single currency would last five years, the
economist said: “A concrete period is hard to identify as it depends on so
many factors. But five years sounds realistic.”
http://www.telegraph.co.uk/finance/financialcrisis/10015593/Euro-may-only-last-five-years-says-senior-German-government-advisor.html
http://www.telegraph.co.uk/finance/financialcrisis/10015593/Euro-may-only-last-five-years-says-senior-German-government-advisor.html
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