NEW Yiwu Jewelry Market YORK -(Dow Jones)- Ongoing debt worries in Europe sent the euro sliding Monday as investors were uncomfortable holding the common currency after Germany's ruling party said countries could exit the euro zone voluntarily. Chancellor Angela Merkel's ruling CDU party approved a measure that would allow countries to leave the 17-nation bloc yiwu fair 2011 if they choose, but remain within the European Union. The vote urges Merkel to take up the measure and push for its passage among the broader EU. That led traders to leave the currency itself, sending it briefly below $1.36 during New York trading. Germany is seen as the strongest member yiwu fair of the currency zone and thus could provide additional support to the region if it felt it was necessary to save the euro. The vote could be a sign that the political will is dissipating to protect the euro at all costs. The euro fell to $1.3634 from $1.3747 late Friday, according to EBS via CQG. The common currency dollar store dropped to Y105.07 from Y106.07. "Clearly Ecofriendly outdoor WPC decking the political environment is shifting" and the risk of a disorderly breakdown in the European debt crisis is growing, said Aroop Chatterjee, chief foreign exchange quantitative strategist at Barclays Capital in New York. Traders are accounting for that increased risk by selling the euro, he said. The euro was already off to a bad start on the global session stock shoes after Italian bond yields couldn't rally after an auction for five-year bonds was relatively well received. Italy sold five-year bonds at an average yield of 6.29%, up from 5.32% for bonds auctioned last month with a similar maturity. The sale was a record yield for Italy since the euro was introduced but lower than where five-year debt was trading in the secondary market last week and the secondary market couldn't hold onto that improvement. Five-year Italian bond yields rose steadily after the auction was yiwu sequins completed. Other bond yields throughout Europe painted an equally stark picture of the problems in the region. The yield spread between 10-year Spanish and German debt reached 431 basis points, a euro-era high.