Merkel and Faymann Reaffirm their Commitment to the Euro

People ♦ Published: September 8, 2012; 19:37 ♦ (Vindobona)

The German Federal Chancellor Angela Merkel met her Austrian counterpart Werner Faymann and Vice Chancellor Michael Spindelegger in Vienna. It was Merkel´s first state visit in Austria since 2006.

Merkel and Faymann Reaffirm their Commitment to the Euro / Picture: © Flickr / Werner Faymann

At the meeting with Faymann, Merkel explained that she rejects the idea of breaking up the Eurozone. Before, the German industrialist Hans-Olaf Henkel and the economist Dirk Meyer promoted the idea of a “Northern Euro”. The Southern Eurozone should get an own currency, Henkel and Meyer said. Not only Merkel, but also Spindelegger and Finance Minister Maria Fekter oppose to that…

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