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August 7, 2012

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German FM warns of 'dangerous tone'

GERMANY'S foreign minister warned yesterday that arguments about European policy are taking on a "very dangerous" tone as worries mount about the future of the euro.

Guido Westerwelle didn't specify who his comments were aimed at. But they came after Italian Premier Mario Monti warned over the weekend of tensions that "bear the traits of a psychological dissolution of Europe," and a regional official in a German governing party said Greece must leave the euro this year.

"The tone is very dangerous. We must take care not to talk Europe down," Westerwelle said in a statement.

He added that attempts to grab domestic political attention "cannot be the yardstick for our action in any European country, including Germany? the situation in Europe is too serious for that."

Politicians from the Christian Social Union, the Bavaria-only sister party to Chancellor Angela Merkel's Christian Democrats, have made particularly hardline comments in recent days. Bavaria is due to hold state elections this time next year, shortly before German national elections.

Markus Soeder, the state's finance minister and a CSU member, called in an interview published on Sunday for Greece to leave the 17-nation eurozone before the year is out.

"An example must be made of Athens (to show) that the eurozone can show its teeth," Soeder was quoted as telling the Bild am Sonntag newspaper. "The Germans can no longer be Greece's paymaster ... further help to Greece is like pouring water into the desert."

Bailing out eurozone strugglers hasn't been popular in Germany, Europe's biggest economy.

Westerwelle's own Free Democrats? another junior partner in Merkel's center-right coalition? have also talked tough on Greece. Vice Chancellor Philipp Roesler said recently that the idea of Athens leaving the euro has "lost its horror."




 

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