-
Merkel blasts eurobonds as 'economically wrong'
German Chancellor Angela Merkel again rejected the pooling of debt via eurobonds on Wednesday on the eve of a crunch EU summit to save the euro, as Spain raised the spectre it too could need a bailout. Just hours before heading to Paris to bridge gaps with French President Francois Hollande, Merkel told the German parliament that pooling debt in the euro area was "the wrong way" and would "repeat the euro's original error." She said: "Guarantees and controls must go hand-in-hand. There can only be joint liabilities when sufficient controls have been put in place." Merkel insisted: "Apart from the fact that ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 27, 2012 7:53am Jun 27, 2012 7:53am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #2
- Quote
- Jun 27, 2012 8:07am Jun 27, 2012 8:07am
- suyogo
- | Joined Mar 2012 | Status: Member | 24 Comments
- Comment #3
- Quote
- Jun 27, 2012 8:17am Jun 27, 2012 8:17am
- Greener
- | Joined Jan 2010 | Status: Member | 667 Comments
- Comment #4
- Quote
- Jun 27, 2012 8:22am Jun 27, 2012 8:22am
- Guest
- | IP XXX.XXX.200.43
- Comment #5
- Quote
- Jun 27, 2012 8:34am Jun 27, 2012 8:34am
- Guest
- | IP XX.XXX.121.190
- Comment #6
- Quote
- Jun 27, 2012 9:02am Jun 27, 2012 9:02am
- dvd
- | Joined Jun 2012 | Status: Member | 55 Comments
- Comment #7
- Quote
- Jun 27, 2012 9:30am Jun 27, 2012 9:30am
- Guest
- | IP XX.XXX.135.154
- Comment #8
- Quote
- Jun 27, 2012 9:58am Jun 27, 2012 9:58am
- JLoch
- | Joined Oct 2009 | Status: Member | 9 Comments
- Comment #9
- Quote
- Jun 27, 2012 10:01am Jun 27, 2012 10:01am
- mrbandwidth
- | Joined Feb 2010 | Status: Member | 185 Comments
Use me as a contrarian indicator
- Comment #10
- Quote
- Jun 27, 2012 10:07am Jun 27, 2012 10:07am
- MarcosF
- | Joined Jun 2012 | Status: Member | 24 Comments
- Comment #11
- Quote
- Jun 27, 2012 11:32am Jun 27, 2012 11:32am
- dvd
- | Joined Jun 2012 | Status: Member | 55 Comments