{"id":9405,"date":"2010-12-10T18:03:15","date_gmt":"2010-12-10T15:03:15","guid":{"rendered":"http:\/\/www.nationalturk.com\/en\/?p=9405"},"modified":"2010-12-10T18:03:15","modified_gmt":"2010-12-10T15:03:15","slug":"germany-and-france-rally-around-euro-ahead-of-summit-10122010","status":"publish","type":"post","link":"https:\/\/www.nationalturk.com\/en\/germany-and-france-rally-around-euro-ahead-of-summit-10122010\/","title":{"rendered":"Germany and France rally around euro ahead of summit"},"content":{"rendered":"

\"\"French and German leaders have passionately defended the troubled single currency at talks ahead of an EU summit on the eurozone debt crisis.<\/p>\n

President Nicolas Sarkozy said France was “deeply attached” to the euro while Germany’s Chancellor Angela Merkel said if the euro failed, “Europe fails”.<\/p>\n

Meeting in the German city of Freiburg, they repeated their opposition to a proposal for joint eurozone bonds.<\/p>\n

Mrs Merkel also opposed increasing the existing euro rescue mechanism.<\/p>\n

‘The euro is Europe’<\/strong><\/p>\n

“I’d say for us in Germany that the question of expanding the rescue mechanism is not now on the table,” she said after the bilateral summit with Mr Sarkozy.<\/p>\n

“Less than 10% of the rescue mechanism has been used for [assisting the Republic of] Ireland. It is not on the agenda.”<\/p>\n

She said that setting up a permanent mechanism for future eurozone crises would be the best way of showing the single currency was being defended.<\/p>\n

“The EU summit [next week] should give a sign that we are defending the euro, which is why it is important to have a decision on the permanent crisis mechanism and treaty change,” she told journalists.<\/p>\n

The euro would not be allowed to fail, Mrs Merkel added, because it had “a meaning that goes beyond a mere currency”.<\/p>\n

Mr Sarkozy said: “We will defend the euro, because the euro is Europe.”<\/p>\n

EU leaders will meet in Brussels next Thursday for a two-day summit dominated by the eurozone debt crisis.<\/p>\n","protected":false},"excerpt":{"rendered":"

French and German leaders have passionately defended the troubled single currency at talks ahead of an EU summit on the eurozone debt crisis.<\/p>\n","protected":false},"author":29,"featured_media":9406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80,68,51,101],"tags":[4310,10631,709,359,13385],"class_list":["post-9405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-business","category-economy","category-politics","tag-chancellor-angela-merkel","tag-french","tag-french-president-nicolas-sarkozy","tag-german","tag-leader"],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/9405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/comments?post=9405"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/9405\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media\/9406"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media?parent=9405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/categories?post=9405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/tags?post=9405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}