November 12, 2020
Europe has not yet dispersed the clouds debt crisis
In the 21st century into the Wholesale Steam Bath Shower Cabin second occasion of 10 years, Europe has not yet dispersed the clouds debt crisis, German Chancellor Angela Merkel stressed in the New Year speech the importance of the euro against Germany, and the need to try to strengthen the role of the euro.
Merkel in the New Year message, first affirmed in the past year's achievements in Germany, that came out from the economic crisis in Germany than before the crisis even stronger. She also said that at present Europe is facing huge challenges, we must strengthen the euro's strength. The common currency will not only meet the interests of Germany, but also to a number of eurozone countries to jointly cope with global challenges. Merkel said Germany will continue to take due responsibility to further consolidate and strengthen the role of the euro.
Sovereign debt crisis hit in Greece, the beginning of the euro area member states were divided on the rescue operation. The euro zone's largest creditor and has the best sovereign credit countries - Germany for its "strong currency and a balanced budget" policy has been reluctant to take action, leading to the further spread of the crisis, and finally had to come up with a larger European rescue package, while Germany has become the biggest crisis of "who pays the bill."
In Germany, the idea of financial aid has not been widely supported. People worried that the euro will gradually be reduced to a weak currency, but also worry about the implementation of the euro-zone countries more open-ended relief, there are comments that this fear will accelerate the breakup of the eurozone fear. At the same time, restoring the voice of Mark has become stronger in Germany.
Angela Merkel, the debt crisis in the European position has been criticized by other European countries. She made bond investors must also share the sovereign debt default caused by a loss, critics said the proposal caused her panic.
Finance at Renmin University of Zhao Xijun, vice president of the "First Financial Daily" reporters that Merkel speech in the new year to strengthen the euro's position for both the angle of the consideration of political interests, but also for economic interests. Germans do not want to bear the burden of relief is understandable, but the establishment of the German and the euro in the euro zone in use on the whole benefit, but at this stage to obtain more than the interests of the financial burden to bear. He pointed out that Germany, after the euro, reducing the country's inflation rate, and accumulated a large number of Germany's trade surplus, its economic power in Europe lay the foundation.
Merkel in the New Year message, first affirmed in the past year's achievements in Germany, that came out from the economic crisis in Germany than before the crisis even stronger. She also said that at present Europe is facing huge challenges, we must strengthen the euro's strength. The common currency will not only meet the interests of Germany, but also to a number of eurozone countries to jointly cope with global challenges. Merkel said Germany will continue to take due responsibility to further consolidate and strengthen the role of the euro.
Sovereign debt crisis hit in Greece, the beginning of the euro area member states were divided on the rescue operation. The euro zone's largest creditor and has the best sovereign credit countries - Germany for its "strong currency and a balanced budget" policy has been reluctant to take action, leading to the further spread of the crisis, and finally had to come up with a larger European rescue package, while Germany has become the biggest crisis of "who pays the bill."
In Germany, the idea of financial aid has not been widely supported. People worried that the euro will gradually be reduced to a weak currency, but also worry about the implementation of the euro-zone countries more open-ended relief, there are comments that this fear will accelerate the breakup of the eurozone fear. At the same time, restoring the voice of Mark has become stronger in Germany.
Angela Merkel, the debt crisis in the European position has been criticized by other European countries. She made bond investors must also share the sovereign debt default caused by a loss, critics said the proposal caused her panic.
Finance at Renmin University of Zhao Xijun, vice president of the "First Financial Daily" reporters that Merkel speech in the new year to strengthen the euro's position for both the angle of the consideration of political interests, but also for economic interests. Germans do not want to bear the burden of relief is understandable, but the establishment of the German and the euro in the euro zone in use on the whole benefit, but at this stage to obtain more than the interests of the financial burden to bear. He pointed out that Germany, after the euro, reducing the country's inflation rate, and accumulated a large number of Germany's trade surplus, its economic power in Europe lay the foundation.
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01:32 AM
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