Schultz: I will not let Greece collapse

Oct. 14, 2012 - PRLog -- "This is the basic prerequisite for everything else, because there will be people who will want to invest in Greece if he knows that now invests in euro and tomorrow will be paid in drachmas," said Mr. Schultz .
Recalled that earlier in the week, the German politician had asked for time to Greece and Spain , to enable them to put in order their budget and not incurring fierce austerity.
These two countries are mostly in need of commitment to the euro, strategic investments, the fight against youth unemployment, but also of hope , according to Schultz.
Speaking to German officials who strongly criticize the aid to Greece, President of the European Parliament stressed that it is also in the interests of the rich countries of the EU, such as Germany , do not see the collapse of their export markets.

Merkel: Athens to meet its obligations

"Athens has to fulfill its obligations to international aid, but at the same time one should be careful not to destroy ... throughout growth, possibly making something, the consequences of which can not be controlled, "said German Chancellor Angela Merkel, speaking to representatives of the Association of Christian students. Greece Where necessary the right mix of patience, "which each must be political, "continued Mrs Merkel acknowledged that Greece has already deprived lot. He stated that, due to the interactions within the Eurozone, and Germany must decide wisely. On the occasion not to award the Nobel Peace Prize in the European Union, Merkel called for greater action on Europe. "It is worth all the efforts to fight for Europe," he said, because, as he said, in addition to securing peace, coexistence of European and serves to consolidate values ​​from member countries, such as global freedom



. In this sense, as noted by the chancellor, was made ​​good demonstrations during her visit to Athens last Tuesday and went to jail for that no, which made ​​violence. "This is an achievement," said Ms Merkel.Referring to the award of the EU, the German chancellor, he even spoke of "recognition of the founders of a united Europe", those who, as noted, had the courage to leave behind the wars . "Thanks to the wisdom of these people are now able to build on that foundation" he concluded. Chancellor asked, however, students and even the option to wear in Athens the same jacket that he had worn in the race national soccer team of Germany against the Greek assembly under the "Euro" last summer. He replied: "I do not even crossed the mind. I thought that Athens is still summer and I can not get something from the autumn wardrobe. I happened to be this ". Tromaktiko

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EUR/USD, $FXE, EuroCrisis, Greece, Germnay, ECB