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Merkel wants to go forward - and blocks

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Photo: Davide Martinotti Prior to the informal council meeting, few heads of state were talkative. Angela Merkel then made a spontaneous statement about the evening’s proceedings... ...“A stability union should be created. The role of the Commission and of the European Court of Justice should be strengthened to ensure fiscal and budgetary discipline.

Whether this can be done between 17 or 27 memberstates remains a question.” The initial meeting is between the so-called “Frankfurter Runde”, which includes Christine Lagarde, Angela Merkel, Nicolas Sarkozy,Herman Van Rompuy and José Manuel Barroso. The leaders of all the 17 Euro-zone countries would then hopefully meet up as well.

Well, rumors are circulating on Twitter that up to now, Germany is isolated in its insistence on treaty change. We will see.

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