Chancellor Angela Merkel went on the offensive before tomorrow’s parliamentary vote on German aid to Greece, appealing for European unity to ward off speculators and tighten government control over “perfidious” markets.
“In some ways, it’s a battle of the politicians against the markets” and “I’m determined to win,” Merkel said today. “The speculators are our adversaries. That’s why we have to weigh our words more carefully than ever and stand united.”
Note EU-Digest: Watching the hype on CNBC today as the stock market plunged close to1000 points being blamed on Greece and Europe showed that financial speculators will do everything needed to get their way. It is time to ban these kind of activities and speculators out of the EU.
For more: Merkel Invokes Market ‘Battle’ as Germany Votes on Greece Aid - BusinessWeek
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