Former European Central Bank chief says euro was never going to collapse . In 2012 , critics predicted at least partial breakup of 17-member eurozone . Euro plunged to 25-month low against U.S. dollar in July 2012 . ` We believe major central banks should focus on enhancing their cooperation ... to guide market expectations and thus help avoid a disorderly interest rate adjustment process and undue exchange rate volatility , '' the Institute of International Finance wrote in a letter to Russian Finance Minister Anton Siluanov , who is chairing the G20 finance minister 's meeting later this week . Score: 6
Former European Central Bank chief says euro was never going to collapse . In 2012 , critics predicted at least partial breakup of 17-member eurozone . Euro plunged to 25-month low against U.S. dollar in July 2012 . Score: 6