A Quote by Angela Merkel
It will not be possible to solve the current crisis with euro bonds.
Related Quotes
I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.
This is the joint responsibility of everyone who was involved in the introduction of the euro without understanding the consequences. When the euro was introduced, the regulators allowed banks to buy unlimited amounts of government bonds without setting aside any equity capital. And the European Central Bank discounted all government bonds on equal terms. So commercial banks found it advantageous to accumulate the bonds of the weaker countries to earn a few extra basis points.
When you have a thousand children that die a day from lack of drinking water, that's a crisis and that's a crisis that we - we collectively as the world - know how to solve that problem. We know what it takes but we haven't had the will internationally to solve that problem.
At this time - we're in a dramatic crisis - euro bonds are precisely the wrong answer. They lead us into a debt union, not a stability union. Each country has to take its own steps to reduce its debt.
In order to solve the climate crisis, we need to solve the democracy crisis.
The euro zone was driven by the neoliberal view that markets are always efficient. That in itself is political. There was no pressing economic need that the euro was required to solve, but leaders believed that it would foster growth.
It's not possible to solve the climate crisis while we continue to expand fracking.
The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds, about guarantees for countries, about economic governance in the European Union. That shows the strength of Europe.
Overpopulation in the United States will become THE single greatest issue facing Americans in the 21st century. We either solve it proactively or nature will solve it brutally for us via water shortages, energy crisis, air pollution, gridlock, species extinction and worse.
[Hillary Clinton'] transition director being Ken Salazar, I think, indicates that she will continue to be a friend to fracking. It's not possible to solve the climate crisis while we continue to expand fracking.
The climate crisis is the greatest challenge humanity has ever faced. From not only the warming of the earth with higher global temperatures, but also from strengthening storms and expanding droughts to melting ice and rising seas, the costs of carbon pollution are already being felt by governments, corporations, taxpayers and families around the world. The climate crisis will affect everything that we love and alter the course of our future. Now, more than ever, we must come together to solve this global crisis. We must act decisively, rise to the occasion and solve this monumental challenge.
If we do not resolve the euro crisis, we will all pay the price. And if we do resolve it, we will all benefit, particularly German taxpayers and savers.
My fellow Americans, people all over the world, we need to solve the climate crisis, it's not a political issue, it's a moral issue. We have everything we need to get started, with the possible exception of the will to act, that's a renewable resource, let's renew it.
In 50 years, no one will care about the fiscal cliff or the Euro crisis. They'll just ask, "So the Arctic melted, and then what did you do?"
You can't have euro bonds without more interconnection among the national budget policies.
I have never said I would adopt the euro. Not today, not tomorrow, not in five years. We will introduce the euro when it will benefit Poles and Poland.
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