Senin, 26 September 2011

Merkel: crisis Greece Destroy Europe

German Chancellor Angela Merkel said, Greece has failed by letting the debt would destroy investor confidence in the euro zone and perhaps trigger infectious diseases such as experienced by Lehman Brothers which went bankrupt in 2008.

"We need to take steps we can control," Merkel said, describing the relationship between Greece and the Lehman Brothers situation, triggering the bankruptcy of the global financial crisis as reported by Reuters.

"What we can not do is destroy the confidence of all investors in the middle of the road and get a situation where they say that if we have to do it (help) for Greece, we also will do it for Spain, Belgium, or other countries. Then no one will put their money in Europe again. "

In an interview an hour on eurozone crisis, Merkel said that he relied enter the International Monetary Fund (IMF) in reviewing how to deal with Greece.

During the IMF believes the Greek debt sustainability, he supports that position.

Merkel also stressed that he did not see a vote in the German parliament that was held Thursday on the euro zone rescue mechanism, mengoyang reign.

Therefore, the opposition parties support the granting of new powers for the European financial facility programs (EFSF).

Nemun, some German politicians suggested that if Merkel fails to win a majority with conservative parties in the coalition - known in Germany as the "majority of the chancellor" - he should dissolve parliament and call new elections.

"We are talking about law here, the law is absolutely normal, the government needs a majority. The majority of the Chancellor is what you need when you are elected as chancellor, or in any other case," he said. "I want the majority of my own and I will fight for this."

He also said he was "surprised" by the lack of progress from the Group of 20 in forming a consensus on how to set and deal with problem banks "too big to fail".

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