Eurozone split could cause ‘dark age’

ANGELA MERKEL won’t allow the eurozone to split because she understands it could cause “a dark age” by wrecking the markets leading energy policy as oil supplies dwindle, said an adviser to the German chancellor.

Eurozone split could cause ‘dark age’

Europe’s 500 million residents, the wealthiest market on Earth, have led the development of technologies in clean energy, transport and communications that can drive global growth that does not rely on oil, said Jeremy Rifkin, a business school professor who has advised Merkel for six years.

“I hope they pull this off, there’s no one else,” he said of Merkel’s struggle to boost growth as part of Europe’s rescue strategy and preserve the single currency area.

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