US News Angela Merkel (CDU) reminds of "Immersions" for Greeks in euro debt crisis

17:45  29 october  2021
17:45  29 october  2021 Source:   spiegel.de

Germany: Olaf Scholz prepares to govern December

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The Chancellor has granted at her farewell visit to Athens that it has demanded a lot of people in Greece during the euro crisis. Your goal has always been that the country will stay part of the euro.

  Angela Merkel (CDU) erinnert an »Zumutungen« für Griechen in Euro-Schuldenkrise © Aris Messinis / AFP

Angela Merkel has spoken at its last visit to Athens as Federal Chancellor about relations between Germany and Greece . "The hardest was the phase in which it was about the stability of the euro," Merkel said at a common press conference with the Greek Prime Minister Kyriakos Mitsotakis . She has always been aware of her, "that I have a great deal of people in Greece."

Merkel said in her visit to the Greek capital, she has always used itself, "that Greece remains part of the euro." It is now necessary to adhere to Greece as a member of the European Monetary Union. During the euro crisis, everyone was very shocked, as prone to the euro was from the outside against speculation. This first met the countries that had a higher debt and had not yet tackled certain reforms.

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However, the currency zone can only hold together if the effectiveness of national economies become more comparable. Financial flexibility can only be made if you were innovative and creative, the Chancellor added and referred to the high average age of populations in Germany and Greece. "We have to see that we do not make ourselves prone to the international financial markets." Merkel had also prevailed against the resistance of the then Minister of Finance Wolfgang Schauele that the highly indebted Greece remained in the eurozone.

Despite the exhaustive words, Merkel spoke to a maintenance of the euro stability pact and reaffirmed its resistance to changes. You will not solve the problems by throwing it overboard, she said to reform efforts. "The flexibility of the previous stability pool is not so small." The problem is more likely that in the good years in some Euro countries was not well managed. Background are receivables, investments for climate protection expenditure or to manage the corona crisis in the deficit calculation.

In Beaune, Macron and Merkel say goodbye .
© AFP - JOHN MACDOUGALL German Chancellor Angela Merkel and French President Emmanuel Macron arrive to address a joint press conference in Berlin on June 18, 2021. Merkel meets this Tuesday Emmanuel Macron in Beaune, in Burgundy, for the farewell of the Chancellor who is about after 16 years, to step down. The head of the German government will cooperate with four French presidents since 2005 In 16 years in office, Merkel has experienced four French presidents.

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