Merkel and Cameron are acting their differences on the euro
Posted by admin | Under economics, events, life, news, opinions Saturday Nov 19, 2011The meeting between German Chancellor Angela Merkel with British Prime Minister Cameron, far from marking a reconciliation, a deed the differences between the two countries on the edges of Europe. Despite the cordial declarations of the two heads of government, differences on the issue of saving the euro continues. "Germany's interests, Britain has its own," acknowledged David Cameron at the end of the meeting.
The issues are still there and no solution in sight, the Chancellor conceded. Britain still refuses the idea of a tax on financial transactions, supported by Paris and Berlin, because it severely handicap the City of London. On the issue of greater involvement of the European Central Bank to resolve the crisis of the euro, which promotes London, the German chancellor has proved inflexible.