Thursday 2 June 2011

Merkel Says Europe’s Troubles Stem From Debt, Not From Any ‘Euro Problem’

http://www.bloomberg.com/news/2011-06-02/merkel-says-europe-s-troubles-stem-from-debt-not-from-any-euro-problem-.html

“We don’t have a euro problem in Europe,” Merkel said in a speech in Singapore today on the final day of a three-day Asia trip that also took her to India. “We have more of a debt problem. Financial markets doubt whether some EU states can manage their debt in the long-term.”

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