Photo Essay: Commitment to Fiscal Discipline and Strengthening the Euro
Throughout the current sovereign debt crisis, political and economic leaders in Germany and Europe have been steadfast in their commitment to fiscal discipline and to strengthening the euro. Click on the first photo to begin this photo essay on their recent statements.
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"Today and here we have a great responsibility for the huge project Europe and we are surrounded by competitors in the world. We have to show that we can achieve something, and Germany and France together in Europe can make all of Europe successful." Chancellor Angela Merkel in a joint TV interview with President Nicolas Sarkozy on February 6, 2012 (© Bundesregierung/Denzel) -
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“Europe had to face the greatest crisis in its history, and in order to give concrete and correct answers, to avoid the explosion that a catastrophe would have meant, we need the complete alliance of Germany and France. Europe in this moment is still solid. That’s what is important.” French President Nicolas Sarkozy in a joint TV interview with Chancellor Angela Merkel on February 6 (© picture alliance / abaca) -
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"With this combination of solid finances and growth impulses, we want to make clear that we are not only obligated to the maintenance and the stabilization of the euro, rather that we also want a strong, a modern, a competitive Europe.” Chancellor Angela Merkel on January 9, 2012 (© picture alliance / dpa) -
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"It is an ambitious, but achievable goal to strengthen the euro as our currency." Chancellor Merkel on January 9, 2012 (© Bundesregierung / Jesco Denzel) -
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“The future of Germany is inextricably linked to the future of Europe.” | “The Euro is much, much more than a currency. The Euro is the guarantor of a united Europe.” Chancellor Merkel on September 7, 2011 (© picture alliance / abaca) -
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"Yes, we need short-term crisis management. But we should not opt for measures that would lay the ground for an even bigger crisis in years to come. And most importantly: our short-term measures will only be credible and effective if we address the root causes at the same time." Foreign Minister Westerwelle on January 20, 2012 (© picture alliance / dpa) -
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"There is no good future for Germany without a good future for a united Europe. While there are undoubtedly differences in opinion among German political parties on the details of crisis management, there is a broad consensus that the answer to the current crisis has to be ‘more Europe’, not ‘less Europe’. Germany is and remains deeply and firmly committed to a united Europe." Foreign Minister Westerwelle on January 20, 2012 (© Thomas Imo/photothek.net) -
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"Our single currency is a project whose importance for Europe cannot be overestimated. The euro is respected across the world, despite the current tribulations, its importance as an international reserve currency is continuing to grow." Foreign Minister Westerwelle on November 29, 2011 (© picture alliance / dpa) -
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"In the euro zone, we will regain the trust we have lost only through steady policies. In other words, we can’t make new decisions every other day. Rather, we proceed step by step. And it isn’t that unsuccessful." Finance Minister Wolfgang Schäuble on January 30, 2012 (© picture alliance /dpa ) -
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“I believe that in the next twelve month we will have achieved, that the threat of contagion is banished and the eurozone stabilized.” | “We now have the prospect of a real union of stability.” Finance Minister Wolfgang Schäuble on December 30, 2011 (© picture alliance / dpa) -
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“If we get through this crisis and make the right decisions now—and I am confident we will—then the euro will emerge as the world’s stable currency.” Finance Minister Schäuble on November 27, 2011 (© picture alliance / dpa) -
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“Even if we might need some stamina: With the latest decisions for a union of stability Europe has cleared the way for the euro being able to arise stronger from the crisis.” Economics Minister Philipp Rösler on January 1, 2012 [To continue the photo essay, please close this photo window and click on "13-16" on the gallery page.] (© picture alliance /dpa)