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We had to learn it the hard way

Mário Centeno, the President of the Euro group, on the Lessons from the crisis and the question of why there needs to be a Deposit guarantee for the currency Un

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We had to learn it the hard way

Mário Centeno, the President of the Euro group, on the Lessons from the crisis and the question of why there needs to be a Deposit guarantee for the currency Union.

Alexander Mühlacher Alexander Mühlacher

Alexander Mühlacher is Europe correspondent of the süddeutsche Zeitung in Brussels.

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When the heads of state and government this week at the EU summit, do you want to know from him how the Euro crisis-proof: As President of the Euro-group will report to the Portuguese Finance Minister, Mário Centeno about the new reform plans. A conversation about German concerns, Italian sensibilities, and many a long night in Brussels.

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Here it goes to the SZPlus-texts.

SZ: Mr Minister, 16 hours you have negotiated with the EU colleagues to agree on a reform package for the Euro. Why took you so long?

Mário Centeno: Yeah, it ...

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