Eurozone crisis stokes tension between Britain and Germany

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#1

Eurozone crisis stokes tension between Britain and Germany

15 November 2011, 21:46

Standoff deepens after claims Angela Merkel will not allow UK 'to get away' with refusal to back financial transactions tax

Eurozone crisis stokes tension between Britain and Germany | Business | The Guardian

Tensions between Germany and Britain over how to handle the crisis in the eurozone deepened after allies of the German chancellor, Angela Merkel, claimed she would not allow the UK to "get away" with its refusal to back a European financial transactions tax.

Marvellous, I'm sure she'll be a wonderful asset to the team.

Volker Kauder, at the CDU conference in Leipzig, said: "I can understand that the British don't want that [a transactions tax] when they generate almost 30% of their gross domestic product from financial-market business in the City of London.

Bite the hand and all that, reap what you sow Dave.

"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
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#2

15 November 2011, 22:07

Up yours Delors.

Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson
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TimberWolf

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#3

15 November 2011, 22:36

Where is the economic expert AtW?
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#4

16 November 2011, 07:09

aha Europe seems to have found a new "iron" lady.

I'm alright Jack
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