Merkel and Hollande seek unity on eurozone

Author (Person)
Series Title
Series Details 20.8.12
Publication Date 20/08/2012
Content Type

Previews and reports of meetings of key players of the eurozone debt crisis in the week of 19-26 August 2012. Eurozone chief Jean-Claude Juncker travelled to Greece on the 22 August 2012. German Chancellor Angela Merkel met French President François Hollande on the 23 August 2012, while Greek Prime Minister Antonis Samaras was due to meet Mrs Merkel on the 24 August 2012 and Mr Hollande on the 25 August 2012.

The German and French leaders sought to reconcile their differences on the way forward in the eurozone crisis, including on how to deal with the deteriorating debt situation in Greece.

Eurozone leaders reiterated that they would not make decisions about supplying fresh aid to Greece until after international lenders (the 'Troika') had completed a review of Greece's finances towards the end of September 2012.

On the 23 August 2012 Antonis Samaras, Greek Prime Minister, demanded an end to open speculation by European officials about a Greek exit from the euro, saying it undermined the country’s efforts to restore its economy and prevent what he warned could become 'a geopolitical nightmare'.

Related Links
ESO: Background information: Greece debt report backs cuts plan / Greece seeks two-year austerity extension http://www.europeansources.info/record/greece-debt-report-backs-cuts-plan-greece-seeks-two-year-austerity-extension/
ESO: Background information: German opposition backs ECB plan on bonds / German opposition backs fiscal union / German rift over euro crisis overstated http://www.europeansources.info/record/german-opposition-backs-ecb-plan-on-bonds-german-opposition-backs-fiscal-union-german-rift-over-euro-crisis-overstated/
ESO: Background information: Hollande proposes €120bn growth pact http://www.europeansources.info/record/hollande-proposes-e120bn-growth-pact/
EUObserver, 20.8.12: Eurozone leaders to have series of Greece meetings http://euobserver.com/economic/117271
Spiegel Online International, 20.8.12: Greek Shortfall Growing Ever Larger http://www.spiegel.de/international/europe/greece-austerity-plan-short-by-2-5-billion-euros-as-crisis-intensifies-a-850963.html
EurActiv, 20.8.12; ECB official: ‘Grexit’ possible but not desirable http://www.euractiv.com/euro-finance/ecb-official-grexit-possible-des-news-514336
Kathimerini, 20.8.12: Finland Europe minister: no new Greece aid without reforms http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_20/08/2012_457454
Kathimerini, 20.8.12: Cuts to pensions, salaries, civil service jobs agreed ahead of Samaras talks http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_31549_20/08/2012_457436
BBC News, 20.8.12: Greek PM to meet eurozone leaders this week http://www.bbc.co.uk/news/business-19316221
Público, 20.8.12: Black autumn for the euro (via PressEurop) http://www.presseurop.eu/en/content/article/2552141-black-autumn-euro
Deutsche Welle, 20.8.12: Showdown in the euro crisis http://www.dw.de/dw/article/0,,16180260,00.html
France24, 20.8.12: Greek eurozone exit 'manageable but expensive', says ECB http://www.france24.com/en/20120820-greece-eurozone-exit-would-be-manageable-says-ecbs-asmussen-finance-debt-euro
BBC News, 23.8.12: Greece bailout: Merkel and Hollande in extension talks http://www.bbc.co.uk/news/business-19351830
Deutsche Welle, 23.8.12: Samaras tours Europe to win support and time http://www.dw.de/dw/article/0,,16187972,00.html
ESO: Background information: Greek cuts to be deeper than trailed http://www.europeansources.info/record/greek-cuts-to-be-deeper-than-trailed/
EUObserver, 22.8.12: Greek plea for 'breathing space' falls on deaf ears for now http://euobserver.com/economic/117302
EurActiv, 23.8.12: Greece warned that delaying reforms ‘is not an option’ http://www.euractiv.com/euro-finance/greece-warned-delaying-reforms-o-news-514413
Il Sole-24 Ore, 23.8.12: Berlin restores realpolitik (via PressEurop) http://www.presseurop.eu/en/content/article/2571621-berlin-restores-realpolitik
EurActiv, 24.8.12: Merkel and Hollande stand united on Greece http://www.euractiv.com/euro-finance/merkel-holland-stand-united-gree-news-514435
EUObserver, 24.8.12: Samaras in Berlin visit amid reports of 'Grexit' working group http://euobserver.com/economic/117318
BBC News, 24.8.12: Greek PM Samaras asks Merkel for 'breathing space' http://www.bbc.co.uk/news/business-19365265

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