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"Are politicians brave enough to let them make that absorb some of the risk?" Asked Merkel in a speech at the German Parliament today. "This is the priority of the state, to set the market limit."
Merkel also said that Germany will see positive mind application in Ireland of economic assistance from the EU and the IMF, which is said to be will be up to 85 billion euros. "We have said before that it is necessary to ensure the stability of the euro as a whole and, consequently, we will examine the application of Ireland with a positive mind," said Merkel. However, she noted that this was the limit set would clear them steps that the country would need to take to following the path towards stability.
Yesterday warned Merkel that the position of the euro would be "particularly serious" because of the delicate situation in Ireland. "I north devon do not want to paint too dramatic picture, but I will say that a year ago we would never have imagined the debate we had to take in the spring and the actions we need to take, "said Merkel.
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