Brussels harms the euro

EU Commission President Barroso has made the euro crisis worse with his proposals for introducing common bonds, the left-liberal daily Süddeutsche Zeitung writes: "Instead of opening a debate on the right way out of the crisis, all he's done is to force the government in Berlin to toughen its already stiff stance. Rather than building bridges, Barroso has slammed a door shut. Never in the history of the EU has a German head of government given a Commission president such a public dressing down as Angela Merkel has done with Barroso. Since the German chancellor is not exactly known for hot-tempered spontaneity, she must have considered the provocation very great indeed. ... It can only hurt Europe for the Commission to pick a fight with the very country that is obliged to play the key role in overcoming the crisis. It's also absurd for Brussels to displease the one head of government who - unlike her French and British colleagues - is doing her best to hold the EU together as a single entity."

» full article (external link, German)
More from the press review on the subject » EU Policy, » Financial Markets, » Germany, » Europe
All available articles from » Martin Winter
Who's saying what » Ways out of the debt crisis

» To the complete press review of Thursday, November 24, 2011