Berlin wants to control it all

Published on 18 January 2011 at 11:56

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"Berlin says more fiscal discipline is needed to enlarge the rescue fund", leadsEl País, after the meeting of the Eurogroup and Ecofin, the council of EU Finance Ministers. The German Finance Minister, Wolfgang Schäuble, has asked that a decision on this be taken at the European Council in March to give "new impetus to tougher sanctions against violators of fiscal discipline," writes El País. The Madrid daily highlights Berlin’s “anxiety to control the timing of all the decisions of the EU." Thus, any initiative coming from Jose Manuel Barroso, President of the European Commission, or from Jean-Claude Trichet, President of the ECB, "receives more or less veiled censure if it has not been blessed already by Berlin or Paris."

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