Merz Doubles Down on Opposition to ‘Draghi-Style’ Common Debt Proposal
9 Articles
9 Articles
Merz: "The euro is not being questioned today," Friedrich Merz said, referring to a popular computer game character – an Italian plumber in a red cap. The German Chancellor assessed that Mario Draghi played a key role in stabilizing the euro during the financial crisis. "He took a risk, it could have failed," Merz said. He added that today "the euro is not being questioned." Read also: The Schuman Plan and decades of shared history. Grand celebr…
Merz doubles down on opposition to ‘Draghi-style’ common debt proposal
German Chancellor Friedrich Merz reiterated his opposition to issue additional joint debt to strengthen European competitiveness during a speech in Aachen on Thursday, in response to Mario Draghi’s acceptance speech for the Charlemagne Prize.
Friedrich Merz's speech at the Charlemagne Prize ceremony was also an appeal to the European Union to truly seize the opportunity for reform. Merz had previously warned: "In Europe, we have relied too heavily on the power of humanistic ideas to magically transform the world into a realm of freedom and [...]"
The German Chancellor made it clear that Berlin will not agree to the issuance of common debt to finance the European economy, despite Mario Draghi's appeals. The post Merz rejects common European debt: Front with France, Spain and Greece on Eurobonds appeared first on in.gr.
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