Merkel told a rally in the northeastern German state of Mecklenburg-Vorpommern that countries which are willing to make a lasting and credible detour away from policies of heavy indebtedness can count of solidarity from other Eurozone states.
“But those that don't do their homework will not get our support,” Merkel said at the rally of her conservative Christian Democrats (CDU) in the state capital Schwerin ahead of an election this week.
Merkel also spoke out once again against the issuance of joint eurozone bonds.
EU leaders trying to dig Europe out of its debt crisis should be planning an orderly break up of the single currency, according to almost two-thirds (62 per cent) of City A.M’s Voice of the City panel, run in association with PoliticsHome.com.
Thirty-eight per cent said they “strongly approve” of a Eurozone break-up, with a further 24 per cent saying they “somewhat approve”.
Our panel – drawn from business and finance professional across the City – also threw its weight behind calls for indebted Eurozone countries such as Greece to be left to default on their debt.
Sixty-three per cent of those surveyed would approve of allowing a Greek default, compared to just 32 per cent that who would oppose a lack of intervention.
THE SOONER GREECE AND OTHER WEAK COUNTRIES LEAVE THE EURO THE BETTER FOR THE GREEKS AND THE EURO.
BTW: THAT POLL SHOWS THAT 62% OF THOSE WHO KNOW THE MOST ABOUT INTERNATIONAL FINANCE THINK THE EURO SUCKS.
ONLY SOCIALIST POLITICIANS AND CAREER BUREAUCRATS FAVOR THE EURO.
AND THE CHINESE.