Merkel: Germany won’t be pressed into quick fixes

Published June 15, 2012 12:04pm ET



BERLIN (AP) — German Chancellor Angela Merkel vowed Friday to resist pressure for quick fixes to the European crisis when she meets world leaders at the Group of 20 summit next week, saying Europe must tackle its problems “at the roots” by lowering debt and increasing economic competitiveness.

Amid mounting criticism of her austerity-led approach and alarm at the prospect of the crisis spreading further, Merkel insisted that fueling growth by running up more government debt isn’t the answer.

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