News / Europe

Merkel Urges Greater European Integration

German Chancellor Angela Merkel, center, British PM David Cameron, right, and Norway's PM Jens Stoltenberg, left, arrive for a panel discussion in Berlin, Germany, June 7, 2012.German Chancellor Angela Merkel, center, British PM David Cameron, right, and Norway's PM Jens Stoltenberg, left, arrive for a panel discussion in Berlin, Germany, June 7, 2012.
x
German Chancellor Angela Merkel, center, British PM David Cameron, right, and Norway's PM Jens Stoltenberg, left, arrive for a panel discussion in Berlin, Germany, June 7, 2012.
German Chancellor Angela Merkel, center, British PM David Cameron, right, and Norway's PM Jens Stoltenberg, left, arrive for a panel discussion in Berlin, Germany, June 7, 2012.
Selah Hennessy
LONDON -- German Chancellor Angela Merkel says Germany has the political will to ensure the stability of the eurozone. The German leader spoke alongside British Prime Minister David Cameron, who pressed for “urgent action” on the debt crisis. 
 
Before bilateral talks with Britain’s David Cameron, German Chancellor Angela Merkel said it is important to emphasize the instruments to support the eurozone have been created.
 
She said Germany is prepared to work with those instruments whenever necessary to keep the eurozone stable, so that it can play its part towards global economic growth. 
Part of the solution, she said, will be greater integration in Europe. 
 
Merkel said the employment market should be integrated much more deeply and with more mobility. 
 
International pressure is mounting for the eurozone to tackle its ongoing financial woes. 
 
On Monday, the International Monetary Fund will be releasing a report on Spain’s banks.  Depending on that report, Spain may be seeking a bailout from its euro neighbors to shore up its beleaguered banks.  
 
Bailouts are a route that Greece, Portugal and Ireland have already gone down. Britain is not a member of the single-currency eurozone and Cameron emphasized his country will not be joining the eurozone and will not take part in growing integration. But he urged eurozone countries to deal with their issues. 
 
"When it comes to the eurozone crisis, I am very clear that urgent action is needed to deal with the market uncertainty," he said.  "That is about building fire walls and recapitalizing banks.  But it is also essential, as Angela has said, that we need credible plans for getting on top of deficits and debt, and we also need those structural reform plans completing the single market to make sure we can get good growth throughout the European Union, including in the single currency area." 
 
University of Kent Politics and International Relations Professor Richard Whitman says greater European integration is the road ahead, and that may leave Britain in a predicament.
 
"Really, perhaps the issue now is what happens to those states that are not eurozone members and are not going to be part of this super EU, and how they are going to relate to the group of countries in the eurozone, which are going to go further and faster when it comes to European integration," he said.  "Will they sign up?  Will they see themselves as wanting to join that club?  Or will they be happy to see themselves on the periphery?  And that is the dilemma for a country like the U.K."
 
Britain, he says, will remain on the periphery and that could be bad news for business. 
 
"In other words, you operate in a market place, which is still the U.K.'s most important export market, but the rules of the game - how you trade, what the regulations are and so on - all that is set by others," he said. "And I think that will be the dilemma for countries that are on the outside and ultimately what makes it attractive to be in the core, in the heart of the European integration project." 
 
A two-day European summit is scheduled later this month.  Chancellor Merkel has played down hopes the meeting will provide a “big bang” solution to the euro crisis.

You May Like

Could Nemtsov Threaten Putin in Death as in Life?

Dynamic and debonair opposition leader had supported liberal economic reforms, criticized Russian president's aggression in Ukraine More

Oil Smuggling Highlights Challenges in Shutting Down IS Finances

Pentagon spokesman says Islamic State 'certainly continues to get revenue from the oil industry black market' but that airstrikes have made a dent More

India Focuses on Infrastructure, Investment to Propel Economy

Government expects economy to grow at 8 to 8.5 percent in next fiscal year More

This forum has been closed.
Comment Sorting
Comments
     
by: Nvo from: Menwith Hill, UK
June 08, 2012 3:16 PM
Merkel is yet ANOTHER NEW WORLD ORDER DRONE, that is tied to The Club of Rome, and The Trilateral Commission. She is a HUGE proponent of a ONE WORLD GOVERNMENT, under THE NEW WORLD ORDER. She is a Globalist Elite, that wants to use surveillance against you, and is in favor of MICROCHIPPING all the worlds citizens by 2017. BEWARE OF PROJECT ESHELON!! BEWARE OF PROJECT ESHELON!!

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
US Supreme Court Hears Hijab Discrimination Casei
X
Katherine Gypson
February 25, 2015 11:30 PM
The U.S. Supreme Court has heard opening arguments in a workplace religious discrimination case that examines whether a clothing store can refuse to hire a young woman for wearing the headscarf she says is a symbol of her Muslim faith. Katherine Gypson reports from the Supreme Court.
Video

Video US Supreme Court Hears Hijab Discrimination Case

The U.S. Supreme Court has heard opening arguments in a workplace religious discrimination case that examines whether a clothing store can refuse to hire a young woman for wearing the headscarf she says is a symbol of her Muslim faith. Katherine Gypson reports from the Supreme Court.
Video

Video Falling Gas Prices Hurt Nascent Illinois Hydraulic Fracturing Industry

Falling oil prices are helping consumers purchase cheaper petroleum at the pump. But that’s made hydraulic fracturing or “fracking” less economically viable for the companies in the United States invested in the process. VOA’s Kane Farabaugh reports on one Midwestern town that was hoping to change its fortunes by cashing in on the next big U.S. oil boom.
Video

Video Fighting in Sudan's South Kordofan Fuels Mass Displacement

Heavy fighting in Sudan's South Kordofan state is causing hundreds of thousands to flee into uncertain conditions. Local aid organizations estimate as many as 400,000 civilians have been internally displaced since the conflict began more than three years ago, while another 250,000 have fled across the border to refugee camps in South Sudan. VOA's Adam Bailes reports.
Video

Video Lao Dam Project Runs Into Opposition

A Lao dam project on a section of the Mekong River is drawing opposition from local fishermen, international environmental groups and neighboring countries. VOA's Say Mony visited the region to investigate the concerns. Colin Lovett narrates.
Video

Video A Filmmaker Discovers Her Biracial Identity in "Little White Lie

Lacey Schwartz grew up in an upper middle-class Jewish family, in a town in upstate New York where almost everyone she knew was white. She assumed that she was, as well. Her recent documentary, Little White Lie, tells the story of how she uncovered the secret of her true racial background. VOA’s Carolyn Weaver has more on the film.
Video

Video Deep Under Antarctic Ice Sheet, Life!

With the end of summer in the Southern hemisphere, the Antarctic research season is over. Scientists from Northern Illinois University are back in their laboratory after a 3-month expedition on the Ross Ice Shelf, the world’s largest floating ice sheet. As VOA’s Rosanne Skirble reports, they hope to find clues to explain the dynamics of the rapidly melting ice and its impact on sea level rise.
Video

Video US-Cuba Normalization Talks Resume Friday

Negotiations aimed at normalizing diplomatic relations between the U.S. and Cuba resume Friday. On the table: lifting a half-century trade embargo and easing banking and travel restrictions. There's opposition in Congress, but some analysts say there may be sufficient political and economic incentives in both nations for a potential breakthrough this year. VOA's Mil Arcega reports.
Video

Video Pakistan's Deadline For SIM Registration Has Cellphone Users Scrambling

Pakistani cell phone users have until midnight Thursday to register their SIM cards, or their service will be cut off. While some privacy experts worry about government intrusion, many Pakistanis are just worried about keeping their phone lines open. VOA Deewa reporter Arshad Muhmand has more from Peshawar.
Video

Video Myanmar Warns Factory Workers to End Strikes

Outside Myanmar's main city Yangon, thousands of workers walked off their jobs earlier this month demanding a doubling of their wages, pay raises after a year and input from labor unions on industrial regulations. Since Friday, the standoff has grown more tense as police moved in to disrupt the sit-ins, resulting in clashes that injured people from both sides. VOA correspondent Steve Herman visited industrial zones which have become a focus of Myanmar's fledgling workers rights movement.
Video

Video Oscar Winners Do More Than Thank the Academy

The Academy Awards presentation is Hollywood’s night to reward the best movies from the previous year. It’s typically a lot of glitter, a lot of thank you’s, a lot of speeches. But many of this year’s speeches carried messages beyond the thank you's. VOA’s Carolyn Presutti takes a look.

All About America

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More