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25.11.2011
In Germany, do not fear the crisis
In Germany, do not fear the crisis


The debt crisis has moved from the periphery to the heart of Europe. Placing a 10-year bonds on the stock exchange in Germany on Wednesday in fact failed: instead of the expected 6 billion euros Ministry of Finance of Germany managed to attract 3.4 billion euros. Experts believe this is a very disturbing signal.

At the same time, Berlin continues to insist that success in combating the crisis - fiscal savings. Ideas to get the ECB to buy a massively debt problem countries or the European Commission plan to issue common European bonds Berlin, Europe's paymaster general, rejects.

Confirm this and German Chancellor Angela Merkel. Speaking before the Bundestag, she said:

I find it extremely neodakvatnym that the European Commission of all the possibilities sostredotochilas only on Eurobonds. One gets the impression that the debt burden can be shared among the members of the eurozone, and that way we can sipravit strukturyne error evropyeskogo valbtnogo Union. It definitely will not work! "

http://ru.euronews.net/2011/11/23/merkel-eurobonds-will-not-work/

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