Merkel says Europe must cooperate more for euro to succeed

BERLIN (Reuters) - Europe must cooperate more closely if it wants the euro to succeed as its shared currency, and it still has a long way to go to overcome its sovereign debt crisis, German Chancellor Angela Merkel said in her New Year's Eve address. She said that she would do everything in her power to strengthen the euro, but that this would only work if Europe learned from its mistakes. "A common currency can only really be successful if we in Europe cooperate more than we have done," Merkel said in a pre-recorded televised address to be broadcast on Saturday. ...