The Guardian, 14 November 2011
European debt crisis is worst time since Second World War, says Angela Merkel The German chancellor, Angela Merkel, has called for a stronger political union in Europe to overcome the ongoing debt crisis, which she called "maybe Europe's most difficult hours since world war two". A breakthrough in the crisis will be achieved not by "less Europe, but more", she told members of her conservative party gathered for their annual convention in the eastern German city of Leipzig on Monday. |
Bugun, 23 June 2011
Greece models Turkey to find a way out in the crisis Olli Rehn, European Commissioner for Economic and Monetary Affairs and the Euro, explained that Greece must continue on its saving measures and now most responsibility is on the shoulders of the new Greece government. Regarding the economical conditions in Greece, Rehn told that this is the worst crisis that has been faced by Europe since the World War II. The Greek government has won the confidence vote, which is pretty critical for the country in order to receive the EU financial aid. Before the confidence vote, Papandreou stated that what Greece has to pay is so big in exchange for the financial aid and the Greek people will face tough times. He adds that like Turkey that is rising in economical terms, one day Greece will escape from IMF, too. |
