FXStreet (Łódź) - Speaking at an economic event in Lindau, Germany, Chancellor Angela Merkel stressed that to definitively overcome the debt crisis in Europe, EU Member States should tighten their cooperation further.



She called for improving the construction of the EU and for making the Eurozone banking system more transparent. She also suggested G20 countries should tighten shadow banking rules.



Furthermore, Merkel stressed that sustainability is the main principle of the German government's decisions on fiscal policy. She pointed to the demographic challenge in Germany as one of the most important to deal with currently in order not to overburden future generations.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Would Central Banks Step in If Stocks Tumble, Could They Stop It?

  2. Forex News

    EUR/USD: Greek speculations dictating the major - FXStreet

  3. Forex News

    EUR/USD Slammed and Jammed to Complete Range Month

  4. Forex News

    EUR/USD: bearish outlook, even despite Greece - BBH

  5. Forex News

    Grexit to set a precedent – DB

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!