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Angela Merkel: Let Us Deepen the Union to Raid It

dailybell.com / Staff Report / December 20, 2013

Merkel Speech: Chancellor Urges Reforms to Preserve Euro … In the first parliamentary speech of her third term, German Chancellor Angela Merkel warned that Europe needs to take more action to make its single currency crisis-proof and urged states to undertake binding economic reforms. – Der Spiegel

Dominant Social Theme: This terrible economic crisis provides us with an opportunity to deepen the union and make it truly indivisible.

Free-Market Analysis: Frau Merkel is at it again, proving what we have long observed – that the top men of the eurozone have in mind using every scrap of each EU disaster to promote a further, deeper union.

This has actually been stated in so many words in the past, and here we can see Merkel making the case again. Never let a good crisis go to waste … that’s the idea anyway.

See how Merkel does it …

In her first parliamentary speech since her re-election for a third term on Tuesday, she warned that Europe needed to take further action to make the euro zone crisis-proof. “Clearly the euro-zone debt crisis is not yet overcome. One cannot emphasise this often enough. But we are seeing first successes and we are convinced it can be overcome permanently,” she told the Bundestag lower house of parliament.

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