German finance minister says worst of euro debt crisis over | The ...

German finance minister says worst of euro debt crisis over

the associated press

First Published Dec 27 2012 09:44 am ? Last Updated Dec 27 2012 09:44 am

Berlin ? Germany?s finance minister says the worst of euro area?s debt crisis appears to be over after three years of worries over Greece and other members of the group of 17 European Union countries that use the single currency.

Finance Minister Wolfgang Schaeuble was quoted Thursday as telling the Bild newspaper: "I think we have the worst behind us."

Schaeuble says Greece and others have recognized that they can only overcome the crisis by implementing reforms and that the Greek government ? which has received two bailouts ? "knows that it cannot financially overburden the other euro states".

Some in Germany have expressed concern about the economy of neighboring France. But Schaeuble says the government there "knows very well that every country must constantly conduct reforms to remain competitive."

Copyright 2012 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, click the red "Flag" link below it.
See more about comments here.

Source: http://www.sltrib.com/sltrib/money/55533129-79/says-crisis-euro-worst.html.csp

mardi gras fun. hepatitis c symptoms david bradley david foster wallace pinterest attwireless