Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Merkel Ally Urges More Pressure on EU States to Reduce Deficits

Germany must step up pressure on fellow European Union countries to reduce their budget deficits to protect the euro, the parliamentary leader of Chancellor Angela Merkel’s Christian Democratic bloc said.

“All governments in Europe have to rethink their approach to keeping the euro stable,” lower-house CDU/CSU leader Volker Kauder said in an interview posted today on the website of the German Bundestag. “It should have become clear to all states that only solid budgetary and economic policy leads to success. We have to raise the pressure in this direction.”

The situation in financial markets will continue to be one of the “dominant themes” facing the German government in 2011, Kauder said. One state’s debts can’t simply be “laid at the feet of others” to deal with, he said.

“One thing is clear: the euro is our currency, and we’re standing by it,” Kauder said. “We have to protect our currency and at the same time take care that it becomes more robust. The key to the latter lies above all with individual euro states.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.