#FXDebates video: No quick fix to euro crisis
Lars Seier Christensen, the co-chief executive of Saxo Bank, believes the euro is in a crisis that will not just pass. "It is the renewed reality for traders and investors," he said at #FXDebates, a Saxo Bank event held at Bloomberg's office in London on May 7. "The euro is a doomed currency and a lot of people knew that already when it was introduced. Rationality needs to return to the Eurozone. If it doesn't, recession will turn into depression."