MercoPress. South Atlantic News Agency
“If the Euro fails, Europe fails”, warns Germany’s Merkel
German Chancellor Angela Merkel said the Euro is the glue that holds Europe together, signalling that an Irish bailout may be the price of preserving European unity. Read full article
Comments
Disclaimer & comment rulesOuch! Not a good sign at all, definitely.
Nov 16th, 2010 - 02:53 pm - Link - Report abuse 0”That doesn't spell the end of the long march for European integration.”wow so they are integrated, like water and oil.
All this does, is make a referendum on europe more closer,
Nov 17th, 2010 - 12:18 am - Link - Report abuse 0Britain will be hurt for a while, But we will be much stronger if we get away from those greedy European crooks .
For the fourth time in 210 years, Britain is coming to the aid of Europe. First by freeing Europe of Napoleon, then by freeing Europe of the imperial ambitions of the Kaiser, then by freeing Europe from the maniacal tyranny of Hitler and the Nazis. And now we are moving to free Europe from the Evil Empire. When we have achieved our primary objective, we will save billions of pounds. Then we will be able to throw out hundreds of thousands of immigrant scroungers saving more billions. Then we can rebuild our military forces so that no-one will ever dare challenge us again.
Nov 17th, 2010 - 11:47 am - Link - Report abuse 0/
Nov 18th, 2010 - 09:04 am - Link - Report abuse 0/ What is that?
Anyway...
“If the Euro fails, then Europe fails”
It would be truer to say this: that if the Euro fails, then Germany fails. Germany's relation with the Eurozone is similar to that between the US and China. People say Germany is the Europe's growth engine, but it is the inverse: it is Germany's growth that is tied to that of Eurozone countries, for the German economy is highly, very highly, dependent upon Eurozone countries' ability to import German products. If the Euro fails, then so will the German economy. If, for instance, Spain abandons the common currency, it will regain the capacity to boost its own exports by means of currency devaluation - something that will make German products lose ground in Spain's domestic market and turn Spain exports more competitive vis-à-vis Germany's in other European countries.
The German people sincerely believe that, by bailing out weaker countries such as Greece, they're actually doing them a favour. How much their own jobs depend on the vigour of the Eurozone as a whole, they don't realize.
Well our goverment is willing to give the irish people 7 billion
Nov 18th, 2010 - 01:07 pm - Link - Report abuse 0who's next ?
Loan is not give briton. Our economys are very much linked and if ireland was to break apart it would also hurt us.
Nov 20th, 2010 - 12:31 am - Link - Report abuse 0It makes sence.
interesting to think we exchange more goods to them that to most of the world. Of course it will hurt us, but i just dont trust the euro ovelords
Nov 20th, 2010 - 12:36 am - Link - Report abuse 0once they get a grip, they never let go.
Briton, the more stronger the EU becomes, the more powers they get. The closer we come to getting a refferrendum on weither or not we join the EU as a state, and the public will never vote for it. in a way it quickens your cause.
Nov 20th, 2010 - 03:51 am - Link - Report abuse 0thanks
Nov 20th, 2010 - 09:46 pm - Link - Report abuse 0Commenting for this story is now closed.
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