THE GUARDIAN: José Manuel Barosso's public criticism of German chancellor signals growing political friction across eurozone
The head of the European commission today launched a strong attack on the German chancellor Angela Merkel's handling of the euro's crisis of confidence.
José Manuel Barroso, the president of the European commission, who is believed to be supported by a majority of the 27 member states, described Merkel's campaign to reopen the Lisbon treaty as "naïve". He said that the bill of almost €900bn for rescuing Greece and shoring up the euro would have been much cheaper had Berlin acted more swiftly, and accused the German government of failing to lead public opinion in defence of thebeleaguered single currency.
Barroso's surprisingly public criticism, in an interview with Germany's conservative newspaper the Frankfurter Allgemeine Zeitung, signalled the high-level political friction in the EU over how to restore faith in the single currency.
Barroso's staff, as well as the governments of many other EU member states, think the mixture of hard line and prevarication shown by Merkel since the crisis erupted in February have made a bad situation worse. They say that swift action in February would have deterred the financial markets and contained the crisis to Greece and its sovereign debt. >>> Ian Traynor | Tuesday, May 25, 2010
FRANKFURTER ALLGEMEINE ZEITUNG: Im Gespräch: José Manuel Barroso – „Manchmal haben Krisen auch ihr Gutes“ >>> FAZ | Dienstag, 25. Mai 2010
