Bloomberg News

Merkel Says Germany Will Press for EU Treaty Change Dec. 9

November 17, 2011

(Updates with comments from Merkel in third paragraph.)

Nov. 17 (Bloomberg) -- Chancellor Angela Merkel said Germany will push for European Union treaty changes at a Dec. 9 summit, as she seeks support from non-euro members to resolve the region’s debt crisis.

The changes the 17-member euro area must make to create greater cohesion on fiscal policy should also be a priority of the 10 EU states that don’t share the single currency, Merkel told reporters today after meeting in Berlin with Danish Prime Minister Helle Thorning-Schmidt.

“We’re driven together even more closely with a single currency and therefore discipline is that much more significant for the EU as a whole,” Merkel told reporters. “That also includes a limited change in treaties -- and of course we’ll discuss this again at the council meeting on Dec. 9.”

Merkel is campaigning for “limited” modifications to EU agreements that would require ratification by all of the bloc’s 27 members as a way to strengthen supranational institutions and patrol tighter budget rules. Merkel will meet with U.K. Prime Minister David Cameron, who this week rebuffed her proposal for treaty changes, tomorrow in Berlin.

Thorning-Schmidt, whose country isn’t in the euro region, said any treaty changes should be a “narrow process” and that the debt crisis should be resolved first, suggesting Merkel could face resistance among non-euro EU states.

“We think we should do first things first -- first solve the crisis and then we can discuss how to create more discipline at a later stage,” he said.

--Editors: Simone Meier, Alan Crawford

To contact the reporter on this story: Patrick Donahue in Berlin at pdonahue1@bloomberg.net

To contact the editor responsible for this story: Alan Crawford at acrawford6@bloomberg.net


Later, Baby
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus