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Merkel and Faymann Reaffirm their Commitment to the Euro

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…

This article includes a total of 244 words.

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