ANGELA Merkel yesterday warned there were no "quick and easy solutions" to the eurozone crisis as concerns continued to grow over the finances of Greece, Italy and Spain.
On the eve of today's EU summit in Brussels, the German Chancellor again made clear eurobonds – sharing total debt across the eurozone's 17 members – were economically wrong and counterproductive.
Warning that her country should not be overburdened, she told German MPs: "It is imperative we don't promise things we cannot deliver and we implement what we have agreed. Joint liability can only happen when sufficient controls are in place."
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