June 27, 2012

Merkel Blasts Euro Partners on Eve of Summit

'Self Deception and Sham Solutions'

German Chancellor Angela Merkel has signalled she is ready for a fight at Thursday's summit, criticizing the euro reform blueprint presented by top EU officials and again ruling out jointly issued debt in the strongest of terms. She warned that Germany can't save the euro on its own.

Chancellor Angela Merkel reinforced her Nein to euro bonds on Wednesday and sharply criticized euro zone reform proposals presented by top EU officials this week. Read more.

Spiegel

Related,
'PIIGS too heavy for Berlin bailout backers' (video) - RT  

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