German Chancellor Angela Merkel says it is Berlin’s “historical duty” to support the euro currency and praised the new euro-zone agreement on a second bailout for Greece.
Ms. Merkel said Friday that the deal reached Thursday in Brussels to help Greece was a “significant” step that would help Europe and support the currency used by the 17-nation euro-zone.
She says “the euro is good for for us, the euro is part of Germany’s economic success, and a Europe without the euro is unthinkable.”
Ms. Merkel told reporters that there will be no “spectacular” and quick solution for Greece but that it will take “a process of different successive steps” to fix the country’s problems.
But she says she’s convinced Europe will emerge from the crisis stronger than before.
