Bloomberg News

SPD Won’t Sign ‘Blank Check’ for Euro Plan, Bild Reports

March 25, 2012

Germany’s opposition Social Democrats demand measures to promote growth, ensure taxation of financial markets and reduce youth unemployment as conditions for supporting new euro-area budget rules, the party’s parliamentary leader Frank-Walter Steinmeier told Bild.

The party will only support the fiscal pact “if it is economically reasonable and fair,” Germany’s biggest tabloid quoted Steinmeier as saying in an e-mailed preview of an interview to be published tomorrow. “We won’t sign a blank check.”

To contact the reporter on this story: Naomi Kresge in Berlin at

To contact the editor responsible for this story: Phil Serafino at

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