Merkel praises Canada's action on debt
"This is also the right solution for Europe," Merkel said at a reception in Ottawa late yesterday, in her first speech after her summer holidays.
German Chancellor Angela Merkel renewed her calls for austerity as crucial to tackling financial turmoil in the euro area, praising Canada’s economic example as she returned to the crisis fight after her summer holiday.
Merkel, facing European pressure to ease bailout terms and allow shared debt,used a visit to Canada as the stage for her first public comments in a month on the crisis.
She praised Canada’s budget discipline, promotion of economic...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team