Merkel Rejects Rising Chorus Of Euro Opposition
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Merkel Rejects Rising Chorus Of Euro Opposition
by Admin Mon May 07, 2012 9:49 pm
BERLIN, May 7 (Reuters) - Germany is ruling out any substantive shift in its approach to Europe's debt crisis despite a rising chorus of opposition to Berlin's austerity policies that reached a crescendo in Sunday's elections in Greece and France.
Chancellor Angela Merkel, speaking in Berlin on Monday, rejected the notion that Europe was on the brink of a major policy shift after Socialist Francois Hollande defeated her fellow conservative Nicolas Sarkozy and Greek voters punished ruling parties who slashed spending to secure a foreign bailout.More
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