Tag: sovereign debt crisis

sovereign debt crisis
Monday, January 2nd 2012 - 00:56 UTC

Merkel calls for closer EU cooperation to rescue the Euro

The path to overcome the crisis remains long, said the German Chancellor

Europe must cooperate more closely if it wants the Euro to succeed as its shared currency, and it still has a long way to go to overcome its sovereign debt crisis, German Chancellor Angela Merkel said in her New Year's Eve address.

Friday, November 25th 2011 - 02:12 UTC

France and Germany agree not to disagree in public about the ECB role

Merkel, Italian PM Monti and Sarkozy in Strasbourg

France and Germany agreed Thursday to stop arguing in public over whether the European Central Bank should do more to rescue the Euro zone from a deepening sovereign debt crisis.

Friday, September 16th 2011 - 06:51 UTC

Merkel’s NEIN to Euro-bonds: “collectivizing debts” doesn’t solve the problem

Euro bonds would raise the borrowing costs of virtuous countries, argued the German leader

German Chancellor Angela Merkel bluntly rejected Euro zone bonds as a solution to the currency area's sovereign debt crisis, saying that “collectivizing debts” would not solve the problem.


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