Venerdì, 21 Settembre 2018
PAFOS

Germany wants 'unity in eurozone' says Westerwelle

English
© ANSA

(ANSA) - Pafos, September 7 - German Foreign Minister Guido
Westerwelle said Friday his government supports solidarity in
the eurozone.
"There is a very clear message from the German government:
we want to maintain unity in the eurozone," Westerwelle told
ANSA in Cyprus.
Westerwelle was referring to the fallout following
Germany's dissenting view on the European Central Bank's plan
announced Thursday to launch a bond-buying measure to lower
borrowing costs for troubled states.
In the face of ECB President Mario Draghi's determination
to protect the euro, Germany's Bundesbank has harshly criticized
his bond-purchase plan.
But Westerwelle on Friday was positive about the direction
in which the eurozone was headed, as renewed market confidence
continued to push the spreads and yields on Italy's and Spain's
debt lower and lower following the announcement of the
bond-buyout plan.
"For the first time in many months I've seen a bit of light
at the end of the tunnel," he told ANSA.
"The clear efforts of Rome and Madrid have been
remarkable".

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