LONDON, Dec. 3 (UPI) -- Former European Commission President Jacques Delors, architect of the single euro currency, told The Daily Telegraph the euro was doomed from the start.
Delors, 86, told the British newspaper errors made during the birth of the euro assured the continent would be engulfed in the current debt crisis, adding leaders are doing "too little, too late" to rescue the project.
The Telegraph interviewed Delors a day after the leaders of France, Germany and the United Kingdom said they would push for full "fiscal union" within the European Union.
"The finance ministers did not want to see anything disagreeable which they would be forced to deal with," Delors, who headed the European Commission from 1985 to 1995, said, adding the debt crisis is a threat to the West and its democratic values.
Delors said "Anglo-Saxons" "had a point" when they asserted a single currency without a single state would be inherently unstable.
"Everyone must examine their consciences," he told The Telegraph.
