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February 23, 2012
Schäuble slams Cameron for blocking EU deal
Published: 27 Jan 12 12:22 CET
Online: http://www.thelocal.de/politics/20120127-40385.html
German Finance Minister Wolfgang Schäuble took a jab at Britain's Prime Minister David Cameron on Friday, blaming him for Europe's failure to agree a common debt-reduction treaty.
- Berlin sees 'no need' to boost EU firewall fund (22 Feb 12)
- Obama praises Merkel’s euro crisis leadership (22 Feb 12)
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Challenged at the World Economic Forum in Davos by Swedish Euro-MP Anna Maria Corazza Bildt over this approach, Schäuble said: "I would like to give you the mobile number of David Cameron."
"Of course, this is not a joke," he continued, as laughter erupted. "It would be much more better and better to understand for everyone outside of Europe, if we were to do what we will now have to do in our fiscal compact in the framework of European treaties.
"But that has to be done by unanimous decision, that is the basis of European treaties. Therefore, for the meantime, we go for 17 plus, I hope, nine. Everyone is invited to join," he said.
Following Cameron's refusal to take part, Germany and France pushed for the 17 nations of the eurozone single currency bloc to take part and they hope that nine more non-eurozone members will join them.
Cameron has been unrepentant, coming to Davos on Thursday to berate his EU allies for failing to promote growth and for seeking to introduce a financial transaction tax he regards as sheer "madness."
European leaders will meet on Monday hoping to turn the page on the sovereign debt crisis that has undermined the euro and threatened the bloc's weakest members with financial collapse.
AFP/mry
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Your comments about this article:
It was a deliberate attack on G.B. for no good reason unless it was done to make the P.M. react the way he did and us a veto so there is a scape goat for what will be the demise of the €uro, and still they don't learn another no hope country will be joining the E.U. soon to bleed it even drier.
I'm pretty sure that the Euro will keep on existing - there might be some states like Greece which could leave the Eurozone, but nevertheless the Euro will still be there.
What most Britons don't seem to know is that during the last years the British Pound has lost up to 40% of its value against the Euro (and in my opinon the British Pound is still totally overrated).
Your comment about the financial sector's link to the crisis is correct ,so this is not a tax is it a fine ?.
Most Britons don't give a fig about the pound to euro exchange rate unless it for their holiday spending money,I know about as it will be detrimental to my pension,but on what basic do you say it is over rated against the €uro with the problems of the southern states not going away no matter how deep the leaders of the big two hide their heads in the sand.
If as you say there are countries that must leave where does this leave the treaties signed, sealed and ignored.
Strange that I agree with a Tory on anything but this time he is right we need growth to get out of this mess not more cuts that was the way of the thirties and look where that led.Spain has now half it's young people out of work this is a powder keg,I am sure we agree that this situation can led to a dangerous growth of extremism and nobody with a small amount of common sense would want that.
Isn't Cameron doing the same in the UK at the moment - I mean saving a lot of money?
Best regards to you
Sorry to sound rather convoluted but thats English.
But another way Germany knows what it needs to do to save the Euro but will not do so as it will cost them too much. The other option is to get every other European state to play Merkel`s game but the UK will not as it will cost us too much, apart from the minor fact that it is not our problem.
So now rather than address the problem Germany is resorting to the blame game, a well known strategy designed to save face when a mistake has occurred.
Germany would be better served simply stating its case and standing on its principles. If this results in a Euro crises then so be it, better to lance this boil than let it fester.
I have a lot of respect for the English and think their banking situation is different than the continent. Cameron is doing what he and many in and outside his party believe is best for England. I would,t count the English out they have survived bigger problems.
There needs to be dramatic changes made in the EU, it is not a democratic organisation, there is no acceptance of deviance, like the Catholic Church. Faced with the most serious problems in Greece, Italy, Portugal, Spain and Ireland the heirarchy cannot see or accept that these problems exist and persist in blaming Britain as bad Europeans.
Last week I read something which was only recently released by the government. In 1947 half of the food and coal to feed and keep the British warm was shared with Germany because the German people were dying of hunger and freezing to death. Giving half of what we had to help Germany in their need after defeat. Yes we British are rotten Europeans !