Merkel Says Euro Is at Risk If Europe Crumbles in Refugee Crisis

German Chancellor Angela Merkel said Europe’s discord over refugees threatens the euro, raising the stakes as European Union leaders prepare for their next emergency meeting to stem the crisis.

“If we disintegrate into small countries again, a common currency will be very difficult,” Merkel said at a party rally late Monday in the western German town of Volkmarsen. “What we are seeing in recent days, with certain countries going their own way to the detriment of another country like Greece -- that isn’t the European way.”