Merkel wants euro zone where rules are followed

UPDATE: "Rules must be adhered to, adherence must be monitored, non-adherence must have consequences": the euro's future according to German Chancellor Angela Merkel

2nd December, 2011
Merkel wants euro zone where rules are followed
{ }

German Chancellor Angela Merkel has put forward a concept of a more disciplined euro zone after EU treaty reform.

Speaking to Germany's Bundestag today she said eurobonds were "unthinkable" without fiscal union and stuck by her insistence on the independence of the European Central Bank.

"The government has always made it clear that the debt crisis can't be solved at a single stroke and there are no easy and fast solutions," she said.

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago