91.   The credibility of the currency union depends on choosing the right nations, Zeitler said.

92.   The euro also hit record lows against the British pound, which is certain to stir the new wave of hostility within Britain about joining the European currency union.

93.   The Frankfurt-based ECB will have one floor rate to suit all the nations participating in the currency union.

94.   The party favors a prompt start to European currency union, though it sees a coordinated effort to combat unemployment as equally important, Lafontaine said.

95.   The rate at which national exchange rates will be tied together will be announced in May at the same time as initial members of the currency union are selected.

96.   The strike against him is that Italy will not be among the first to join the currency union because of its heavy debt.

97.   The U.K., Denmark and Sweden are expected to opt out of the currency union.

98.   Their comments will be carefully watched for hints of a rift on how the rules for currency union should be interpreted.

99.   This May, European countries are slated to determine who qualifies to join the new currency union.

100.   To ensure that Germany can survive tough competition within currency union, reforms are necessary, the statement said.