German Finance Minister calls for common financial policy in eurozone

The German Finance Minister has said that eurozone countries will one day have to adopt a common financial policy.

Addressing a conference in Frankfurt, Wolfgang Schaeuble also took a swipe at former US Federal Reserve Chairman Alan Greenspan, who said this week that the single European currency was breaking down.

Schaeuble said if he were American he would ask himself if the dollar will still exist in 10 years.