Bloomberg News

Merkel Adviser Feld Says Debt Crisis May Worsen, Bild Reports

April 17, 2012

The euro area’s debt crisis is reigniting and may cause more turmoil this year than in 2011, Lars Feld, a member of German Chancellor Angela Merkel’s council of economic advisers, was quoted as saying by Bild.

The European Central Bank’s efforts to stem the crisis are only having a short-term effect and the French presidential election is causing uncertainty, the Berlin-based newspaper said in an e-mailed summary of an article for today’s edition.

To contact the reporter on this story: Tony Czuczka in Berlin at aczuczka@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net


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