Euro 'at stake' in Ireland bailout: German minister

BERLIN: Germany's finance minister said on Tuesday the fate of the shared European currency was at stake in the proposed bailout of debt-stricken Ireland.

Speaking in the German parliament, Wolfgang Schaeuble said: "It's our common currency that's at stake."

Germany, Europe's biggest economy, must take responsibility "otherwise there will be untold economic and social consequences for our country," the minister added.