Email
Password
Remember meForgot password?
Log in with Facebook Log in with Twitter
Connect your Digital Journal account with Facebook or Twitter to use this feature.
Connect
Log In Sign Up
In the Media

article imageWolfgang Schäuble: Berlin willing to negotiate on euro bonds

article:327535:5::0
By Katerina Nikolas
Jun 28, 2012 in Business
Share
Brussels - A crack has emerged in the German fiscal armour as Wolfgang Schäuble says Berlin is willing to negotiate on euro bonds. Just one day earlier Angela Merkel decisively ruled out euro bonds for "as long as I live."
German Finance Minister Wolfgang Schäuble has indicated Berlin is willing to negotiate on euro bonds but must have fiscal union as pre-condition. The Guardian reported that he insists a "European budget czar" would be part of the terms.
Although Schäuble's remarks mean little at this time in light of European political and fiscal unity remaining a German pipe-dream, they come at an interesting time. Only yesterday German Chancellor Angela Merkel emphatically stated that there would be no euro bonds "as long as I live" Der Spiegel reported. Her statement left some German politicians wishing Merkel a long life.
As European ministers gather in Brussels for the two-day summit Reuters reported a German government source revealed that the meeting "would produce no detailed decisions" and little progress is expected to be made on the euro crisis.
article:327535:5::0
More about wolfgang Schäuble, eurobonds, Angela merkel
More news from
Latest News
Top News
Engage

Corporate

Help & Support

News Links

copyright © 2014 digitaljournal.com   |   powered by dell servers