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Franco-German Alliance Needed to Fight Eurozone Crisis

By The Global Journal | June 15, 2012 - 14:00 GMT

Franco-German Alliance Needed to Fight Eurozone Crisis

In a radio interview today (15 June), French Prime Minister, Jean-Marc Ayrault, called for increased contact between Paris and Berlin in order to address the Eurozone crisis. He also refuted claims that an anti-Germany coalition had been organized by southern European countries that endorse greater intervention by European financial institutions.

Ayrault explained that isolating Germany over differences in opinion and policy would be a “bad route” to take. In relation to rumours of an anti-German alliance, he emphasized that it was “absolutely not” the case. Instead, Ayrault called for a “stronger dialogue than that which has taken place so far.”
The Prime Minister's comments came a day after tensions had risen between Paris and Berlin. While Ayrault had urged Germany to avoid letting itself “go with simplistic formulas”, German Chancellor, Angela Merkel, refused to agree to “facile solutions” nor a “mediocre” approach in responding to the debt crisis. Meanwhile, at a meeting in Rome both French President François Hollande, and Italian Prime Minister Mario Monti, complained about the lack of progress in identifying real solutions.
(With AFP)

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