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Monday, August 6, 2012

German minister warns of euro debate tone





[...] they came after Italian Premier Mario Monti warned over the weekend of tensions that "bear the traits of a psychological dissolution of Europe," and a regional official in a German governing party said Greece must leave the euro this year.

Politicians from the Christian Social Union, the Bavaria-only sister party to Chancellor Angela Merkel's Christian Democrats, have made particularly hardline comments in recent days.

The German government's room for maneuver in the crisis is limited by the need for it to get Parliament's approval for practically every rescue measure — something that the country's supreme court has insisted on.

In his interview with the weekly Der Spiegel, published Sunday, Monti — who leads a government of technocrats — was quoted as saying that governments have to "educate" their parliaments as they try to reach agreements on the eurozone's future.


READ THE ORIGINAL POST AT www.sfgate.com