June 11 (Reuters) – European Comission President Jose Manuel Barroso said on Friday he did not believe in a conspiracy against the euro, blaming a market attack on some EU member states’ debt for the currency’s recent slide.
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“There is an attack on the sovereign debt of some states … which has to be faced with an enormous determination,” he told an event in Lisbon, adding that the response of European states so far has been positive despite some slowness in decision-making and passing the necessary legislation.
“I don’t believe in a conspiracy against the euro,” Barroso said. He said the crisis was giving the European Union a signal “that we have to be better organised”.
“I believe that a better integration can come from this crisis,” he added. (Reporting by Andrei Khalip; Editing by Susan Fenton)