Merkel: Europe faces 'extraordinary test' | Euro Crisis Update

German chancellor Angela Merkel was in Brussels on Wednesday to meet with EU commission chief Jose Manuel Barrosso and EU parliament president Jerzy Buzek. Merkel told journalists that Germany is willing to discuss European aid to troubled banks at the head-of-state summit that is scheduled for Brussels in two weeks time.
Merke urged a quick decision on bank capitalization on Wednesday, saying "time is of the essence".
"I think it is important, if there is a general view that the banks are not sufficiently capitalized for the current market situation, that one does it," she told a press conference in Brussels with European Commission President Jose Manuel Barros.
"The German government -- as the finance minister has made very clear in the last two days -- stands ready to implement such a capitalization of the banks if it is needed," said Merkel.
She also said that "if needed, there will be an adjustment" in investors' share of a 159 billion-euro ($212 billion) second aid package for Greece, pending a report by international auditors on Greece's finances due before a meeting of European finance ministers next month.
Signals that European politicians may step up efforts to aid banks and push investors to accept bigger losses as part of a Greek bailout reflect international pressure to end the debt crisis and domestic opposition to expanding rescues. The Bloomberg News agency has reported that Moody's Investors Service late yesterday followed its three-level downgrade of Italy by warning that euro-area nations rated below the top Aaa level may see their rankings cut.
Merkel said that she supports recapitalizing European banks "if there is a joint assessment that the banks aren't adequately capitalized" and finance officials develop "uniform criteria." Germany is ready to discuss possible bank aid at this month's EU summit, she said.

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[MWcrazyhorse]

K shows what the opposition powers have to say "ukip, fucking nazis, hitler, sieg heil".

Good to know what bullshit that side is saying.

Now to make some sense of it all i'll make up my own mind thanks YT idiots for making it so much easier!

[financialtools1]

EU Countries,Banks,Industry+Worke­rs together must get ready w/ UNITED solutions + Fiscal Union for slow-contraction season JANUARY-APRIL 2012 , with China-Asia potential slow down and Real Estate-Commodities potential "bubble-speculation" and slow USA-Americas growth, b ) Capital for EXPORTS+small-medium business+LOCAL MANUFACTURING is vital, c ) Housing Markets in China,USA,EU need smart re-finance w/ affordable rentals+ cheap utilities/telecom for global stability, financialtools1.blogspot.com

[minos68]

fuck you nazi merkel

[kantwater666]

Faschistin

[asteris78]

sieg heil fuckin nazis

[LQQK50GR]

XAI HITLER

[footyfan65]

fuck european mimisters theyre all just,scrounging scumbags,the bankers,stockbrokers and euro fatcat tossers have caused this chaos,and as usual the ordinary taxpayer has to foot the bill,why doesnt each country wipe each others debts off,and start afresh.but without the twats in charge.,then each country stick to there own finances.then if a country fucks up then they shouldnt go bleating to all an sundrie

[Tianoevanova]

I don´t suppose their yapping is going to do any of us any good either. It´s pointless. What they did was they made took an example of Russia and France and made the state richer by making the citizens poorer. Germany was the third richest country on the planet before the wall came down and it still is but now it has one of the poorest tribes in western Europe. Real estate might not be as bad as in France but it´s getting there. Fucking irritating....

[ZACC1975]

ALL THE GREEK PEOPLE (EXCEPT FOR THE TREASONOUS GREEK GOVERNMENT) SPIT AT THE DIRTY AND VICIOUS A.MERKEL'S GOVERNMENT !

[deadlock2001]

Dear Merkel. FUCK YOU AND YOUR TEST. A bunch of incompetent clowns aims to enslave European nations in debt. Countless hard-working people will suffer and lose their jobs so that Merkel can pursue her ambitions and fraudulent bankers stuff their pockets. What Hitler couldn't do by force, Merkel aims to do by euro. Wake up people, for gods sake!