Will Germany Stay Away From the Eurozone Crisis?

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn


With the fiscal crisis in the Eurozone, German Chancellor Angela Merkel — who was just re-elected for her third term — has voiced some concerns. She released a statement prior to her usual speech on New Years, and in it, Reuters reports, she said Germany had some hard work ahead of it. “We all know that the progress of our country is as dependent as ever on making headway in Europe and on enduringly overcoming the sovereign debt crisis in earnest,” said Merkel, according to Reuters.

While Germany has been doing well compared to others in the Eurozone, with healthy growth and decreased unemployment — but German politicians, including Merkel, are still nervous and hesitant to help surrounding countries struggling with their finances.

“There’s a lot of work to do so that Germany will remain strong in the future as well,” said Merkel in the pre-address statement, adding that, “What’s especially important for me is that we put our finances in order for future generations and that we’re successful with the energy transformation,” according to Reuters.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business