Statements on Sunday :

  • Says euro area hasn’t conclusively resolved crisis.
  • More has taken place in recent months than in recent years.
  • Euro-area integration requires more binding rules.
  • Attempts to avoid greater oversight will fail.
  • Euro-area on “good course” to resolve crisis .
  • Will wait for troika before commenting on Greece.
  • Attempts to avoid greater oversight will fail.
  • Plans to run for chancellorship in 2013 election .

One of her allies Volker Kauder (leader of governing Christian Democrats) , doesn’t want to give Greece more time to meet economic targets required under its sovereign bailout. Kaunder goes on to say While it would be good if Greece stayed in the Euro-area, any country can leave the currency union if it wants to. ” Throwing the children out of the house as soon as the going gets tough–that wouldn’t be a good message from the Europeans to the world . ”

Guess it’s going to be the old ruler across the knuckles for the Greek “Children” ?