Page last updated at 12:23 GMT, Wednesday, September 5, 2012 - 17:23 EST
Business Week:
Bavaria?s Free Voters party, which wants Greek debt to be cut to zero and the drachma reintroduced, is ratcheting up pressure on Chancellor Angela Merkel?s coalition partner to take a more euro-skeptic view.
The Free Voters oppose Europe?s bailout funds and became the first German parliamentary party to lodge a legal complaint against them in the nation?s highest court. The Federal Constitutional Court will announce its ruling on Sept. 12.
?We need a massive debt cut? in Greece ?to zero,? Hubert Aiwanger, the Free Voters? leader, said today at a news conference in Berlin. ?To give this country a fresh start, the drachma will at the least have to run parallel to the euro.?
The Free Voters won 10.2 percent in Bavaria?s last state election in 2008 and the party, seeking re-election there in 2013, may siphon enough votes from the Christian Social Union, Merkel?s Bavarian sister party and national coalition partner, to become king-maker in the state that?s home to Bayerische Motoren Werke AG and Siemens AG. (SIE) Free Voters are strong at the local level and supply about 600 of the state?s 2,100 mayors.
Read the whole story: Business Week
Source: http://www.phantis.com/news/bavarian-free-voters-want-greek-debt-cut-zero-drachma
James Holmes Minka Kelly sex tape Colorado shooting Colorado shooting victims aurora Angie Everhart tom hardy
No comments:
Post a Comment