Tuesday, September 11, 2012


Ex-Foreign Minister Joschka Fischer will be answered in the euro crisis to speak: There is talk of chaos, fire and avalanches. It faced a global economic crisis, as alive today if they had not yet experienced.




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Topics Financial CrisisEuropean UnionEuro crisisJoschka Fischer
In a commentary for the "Süddeutsche Zeitung" criticized the Green Party politician and former Foreign Minister Joschka Fischer, the current European policy.
The European house was "on fire," said Fischer, and Europe. led by Germany, delete "rather than continue with kerosene with water." Europe must summon the courage to set up a fiscal union with a common budget, uniform tax policy and guarantee the debt.
"Europe is now on the edge and is in precisely these fall into the coming months, if not now Germany and France together get them back onto and the courage of a fiscal union and political union of the Euro Group muster," said former Secretary of State.
If the euro fail, the EU will disintegrate. As a consequence, there could be a global economic crisis, as they have not yet experienced the present generations. Greece threatened to descend into chaos.
"And then sets in the run on the banks in Spain, Italy and France will trigger an avalanche that Europe is beneath them." Without the euro, Europe would disappear from the world political stage.
Fischer's conclusion: Germany must opt ​​for the fiscal union. "And that means that Germany is finally the financial survival of the euro zone, with its economic power and its ability to guarantee."

Federal government rejects criticism

The federal government rejected Fischer's criticism back sharply. "Nothing we do is political, focused on the goal of Europe based on the judge, the exact opposite is true," said government spokesman Steffen Seibert.
The federal government strip a very substantial contribution to the development of Europe in the current crisis.

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