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You are here: Home News German News Excluding nations from eurozone must be an option: Merkel
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17/03/2010Excluding nations from eurozone must be an option: Merkel

The 16-nation eurozone must have the option of removing one of its members from the club if a country persistently breaks its fiscal rules, German Chancellor Angela Merkel said Wednesday.

The option, which would be used only as a last resort, should apply to countries which "again and again do not fulfil the conditions" to which euro area members are bound, she said in a speech to parliament.

She also said that "rapid support" for debt-laden Greece was not the right answer and that the problem must be "attacked at the roots."


© AFP


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