German Chancellor Merkel, June 4: The World Is Waiting For The United Europe

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EU Commission President Jose Manuel Barroso & German Chancellor Angela Merkel
EU Commission President Jose Manuel Barroso & German Chancellor Angela Merkel

German Chancellor Angela Merkel speaks with European Commission President Jose Manuel Barroso at the start of their meeting at the Chancellery in Berlin on June 4 tabled it that the world wanted to know how Europe envisaged it’s political union working alongside its common currency union.

She said in a statement delivered ahead of dialog with the European Commission chief Jose Manuel Barroso, as the EU official stood beside her, that she would raise the issue during their meeting. “The world wants to know how they sees the political union to move along with the currency union,” she said. The German Chancellor defining the vision for the medium in a long term said it’s just as important as short term attempts to fighting the euro-zone crisis. The talks between Barroso and Merkel aimed to paving the way for a better European Union summit in Brussels on June 28/29, with the euro-zone debt crisis as top agenda.

The European Commission chief Jose Manuel Barroso also said in his statement,”they need to propose immediate and longer term responses to the crises and it is also very important to give some signals now that we believe and will do everything necessary to ensure the stability of the European currency. That is why it is important for us to speak about the future of our union.”

The German Chancellor Merkel pointed out again, one of the most important medium term points to urgently deal with, “is to what extent to place a systematical relevant banks under specific European supervision.” Germany has already cold watered the idea of a euro-zone wide banking union but the idea has been pushed by the European Commission and European Central Bank.

FRANCIS TAWIAH (Duisburg – Germany)
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