The leaders of Germany, France, Italy and Spain agreed Friday on a 130 billion Euros package to try to revive economic growth in Europe but differed over whether and how to launch joint bonds to combat the Euro zone's debt crisis. Read full article
Merkel has argued members of the 17-nation currency union must transfer control over national budget and economic policies to Brussels before Germany would consider common debt issuance.
Hmmm be careful Europe, what they could'nt achieve with two world wars they may well achieve through financial domination.
Comments
Disclaimer & comment rulesMerkel has argued members of the 17-nation currency union must transfer control over national budget and economic policies to Brussels before Germany would consider common debt issuance.
Jun 23rd, 2012 - 09:00 am - Link - Report abuse 0Hmmm be careful Europe, what they could'nt achieve with two world wars they may well achieve through financial domination.
The French people aren't gonna hand over their sovereignty easily and Hollande knows it. I still think the whole thing will collapse before long.
Jun 23rd, 2012 - 09:15 am - Link - Report abuse 0The last time Germany tried to get their own way in Europe it didn't go very well.
Jun 23rd, 2012 - 09:24 pm - Link - Report abuse 0Hopefully this time round there will be a better outcome.
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