ASSESSMENTS
Germany: Threats of Evictions from the Eurozone
Mar 17, 2010 | 20:12 GMT
MICHAEL KAPPELER/AFP/Getty Images
Summary
German Chancellor Angela Merkel on March 17 called for the creation of a mechanism for the eurozone to remove member states who repeatedly fail to comply with the monetary bloc's fiscal rules. Given the complexity of creating such a mechanism, Merkel's statement is meant to qualify a Eurogroup plan to give Greece financial assistance if needed and scare Greece straight.
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