As Long As I Live

In June 2012, the euro crisis was at its height. Before a European summit at the end of the month, several governments called for jointly issued euro bonds. On 26 June, Chancellor Angela Merkel met the members of parliament of her coalition partner, the FDP. According to participants quoted by Reuters, she told them that there would be no total joint liability for debt solange ich lebe, as long as I live. The day before, she had called shared liability for euro zone debt economically wrong and counterproductive.

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