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Eurobonds are absolutely wrong. In order to bring about common interest rates, you need similar competitiveness levels, similar budget situations. You don't get them by collectivizing debts.

Angela Merkel

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Angela Merkel
Age: 54
Chancellor Of Germany
Chemist
Physicist
Politician
Statesperson
Hamburg
Freie und Hansestadt
Angela Dorothea Merkel
Angela Kasner
Angela Dorothea Kasner
A. Merkel
Chancellor Merkel
Merkel
Angela
Kasner
Angela
Merkel
Angela Dorothea
Kasner
Angela Dorothea
Merkel
Situation
Budgets
Wrong
Similar
Interest
Situations
Common
Debt
Order
Rate
Debts
Need
Absolutely
Competitiveness
Needs
Levels
Rates
Bring
Budget

More quotes by Angela Merkel

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The markets want to force us to do certain things. That we won't do. Politicians have to make sure that we're unassailable, that we can make policy for the people.
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I am thankful for the way I was raised, to be positive. Even when times have gotten rough I have always tried to look on the bright side. Even when I was put down, yelled at and made feel insignificant, I still thought things were alright. I did realize when enough is enough.
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Ladies, it is not your education, status or personality that has brought you here but the elegance of God which was still and still working upon you.
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I never underestimated myself. And I never saw anything wrong with ambition.
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Ordinary people regard a man of a certain force and flexibility of character as they do a lion they look at him with a sort of wonder, perhaps they admire him but they will on no account house with him.
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With political means and always trying to work for political settlements and this is what I'm going to continue to work on with all my heart.
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To exclude groups of people because of their faith, this isn't worthy of the free state in which we live. It isn't compatible with our essential values. And its humanly reprehensible, xenophobia, racism, extremism have no place here. We are fighting to ensure that they don't have a place elsewhere either.
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...climate change is accelerating. It threatens our well being, our security, and our economic development. It will lead to uncontrollable risks and dramatic damage if we do not take resolute countermeasures.
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One can remain more sure-footed by taking small steps, but perhaps achieve greater speed by taking bigger steps. Of course, one also runs the risk of setting out in a completely erroneous direction. Surely the important thing isn't the length of our steps, but that the objective is clear.
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We cannot stand alone. With 80 million people in this world of today, you cannot, when you just stand on your own, achieve much even though you may be economically strong.
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Today's Russia is not to be compared with the Soviet Union of back then.
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There's another point that I wanted to mention here, particularly the engagement and commitment to Africa. For us Europeans, Africa as a neighboring continent is of prime importance. The development of African countries is in our very own vested interest.
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On the one hand, the financial projection is on the agenda - we will see if this problem can be resolved or not. I think it is a right idea to stage a special summit, which would deal with the question of priorities of European politics.
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It will not be possible to solve the current crisis with euro bonds.
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I will not let anyone tell me we must spend more money. This crisis did not come about because we issued too little money but because we created economic growth with too much money and it was not sustainable growth.
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At this time - we're in a dramatic crisis - euro bonds are precisely the wrong answer. They lead us into a debt union, not a stability union. Each country has to take its own steps to reduce its debt.
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It's important that the disparities in the living conditions cannot be allowed in this digital period to be too marked. Each and every one must be given an opportunity to participate, which is why Germany's fate in many ways depends on the firmness of its alliance with NATO, with the European Union.
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If Europe today accounts for just over 7 per cent of the world's population, produces around 25 per cent of global GDP and has to finance 50 per cent of global social spending, then it's obvious that it will have to work very hard to maintain its prosperity and way of life.
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What do you do when other countries' intelligence agencies give you information and you aren't entirely certain about its source? Simply ignore it? That's impossible. We have a duty to guarantee the safety of our citizens.
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We have shared those values, we continue to share those values and obviously, we will continue to cooperate with the new administration [of the U.S].
Angela Merkel