- Obama takes aim at ‘corporate deserters’
- Dick’s Sporting Goods lays off 478 PGA golf pros
- Senators: Cease-fire must allow Israel to defend against rockets, tunnels
- Sierra Leone doctor fighting Ebola catches disease
- Iraq welcomes Russian fighter jets, helicopter gunships into ISIL fight
- John McCain laments: Obama’s ‘self-pity … is really kind of sad’
- GOP offer to fix VA gives $10 billion in emergency funds
- Paul Ryan offers to repair U.S. economic safety net with a single grant stream
- Kim Jong-un builds bond with Putin: $250M Russia-backed addition to key port opens
- Pope Francis meets Meriam Ibrahim, a Sudanese woman sentenced to death
German Chancellor Angela Merkel to eurozone: Cede sovereignty to Europe
Question of the Day
The 17 nations that make up the eurozone need to accept that Europe is in charge, and they need to toe that line when it comes to forging spending and debt deals, German Chancellor Angela Merkel said Monday.
"We seem to find common solutions when we are staring over the abyss," she said at an event hosted by Deutsche Bank in Berlin, The Telegraph reported. "But as soon as the pressure eases, people say they want to go their own way."
Member states need to buck and respect Europe's leadership, she said.
"Europe has the last word in certain areas," she said, as The Telegraph reported. "Otherwise we won't be able to continue to build Europe."
Leaders from the Continent are meeting in two months to talk about a financial union. Germany wants more centralized control, and Mrs. Merkel has suggested the European Union's commissioner of economics be granted more police powers over the budgets of individual nations, The Telegraph reported.
Her statements came as Germany continues to push for deficit reduction among the members, seeing that as the way to a eurozone fiscal rebound.
France and Poland are among the dissenters. The Polish prime minister, for instance, called it "dangerous" for other European nations to cede their economies to Germany's model, The Telegraph reported.
© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.
About the Author
Cheryl Chumley is a continuous news writer for The Washington Times. Previously, she was part of the start-up team for The Washington Times’ digital aggregation product, Times247. She’s also a 2008-2009 Robert Novak journalism fellow with The Phillips Foundation. She can be reached at email@example.com.
- John McCain laments: Obama's 'self-pity … is really kind of sad'
- Michele Bachmann 'There's a chance I could run' for president
- U.S. Navy admiral 'receptive' to giving Chinese counterpart a tour of carrier
- Obama encourages ICE to stand down, say former border agents
- Tennessee restaurant: 'Guns are Welcome' signs cause business to spike
Latest Blog Entries
TWT Video Picks
Second- and third-stringers eye 2016 if front-runner stumbles
- 'We're coming for you, Barack Obama': Top U.S. official discloses threat from ISIL terrorists
- Obama orders Pentagon advisers to Ukraine
- NAPOLITANO: What if our democracy is a fraud?
- Hamas rejects Kerry's call for cease-fire; Fears grow others could join fight against Israel
- Evidence shows Russia firing artillery into Ukraine: Pentagon
- Norway expects imminent 'concrete threat' from ISIL terrorists 'within days'
- PRUDEN: The Democratic-wannabe mice under Hillary Clinton's feet
- Presidents of Honduras, Guatemala blame U.S. for border children crisis
- Algerian plane diverted due to storms, second aircraft: 116 missing
- ISIL captured 52 U.S.-made howitzers; artillery weapons cost 500K each
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq