The conversion of Angela Merkel to a recovery plan financed through European debt represents " a 180 degree turn ," worried the conservative daily Frankfurter Allgemeine Zeitung on Tuesday . Assuming the diagnosis is correct, the economic swing of the Chancellor remains very controlled. The two main representatives in the Bundestag of the grand coalition welcomed the Franco-German initiative, starting with the CDU which was supposed to have the most reservations. " The latter constitutes a considerable contribution to European solidarity ", welcomed the vice-president of the fraction, Andreas Jung. Only the conservative current within the Christian Democratic Party, the WerteUnion, called on its supporters, to "resist "this proposal, which is, according to its leader, Alexander Mitsch, a system of" centralized state debt ".
Read also: Franco-German plan: a new instrument, "details" to be settled
Chancellor who once demanded that struggling member states repay short loans on their own
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