| Author (Person) | Peel, Quentin |
|---|---|
| Series Title | Financial Times |
| Series Details | 3.11.10 |
| Publication Date | 03/11/2010 |
| Content Type | News |
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Article reports that the two most powerful members of the German government launched an offensive on the 2 November 2010 to head off criticism of a proposed permanent system to prevent future financial crises from destabilising the euro. As the cost of government borrowing for the weakest members of the eurozone hit new highs in the financial markets, Angela Merkel, the German chancellor, and Wolfgang Schäuble, finance minister, defended their demand for a lasting solution that would prevent 'disorderly rescheduling' of sovereign debt in the future. |
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| Countries / Regions | Europe, Germany |
