UNDER FIRE German Chancellor Angela Merkel has hinted for the first time that she believes the Deutsche Mark is more valuable than the Euro
In a telling statement issued during the visit of US vice-president Mike Pence to Munich, Frau Merkel revealed even she is becoming concerned with the European wide currency.
And amid calls for the Deutsche Mark to be returned in her native Germany she said the ECB’s policy is not geared towards her country and benefits other member states.
The 63-year-old Christian Democrats leader, who is facing being booted out of office over her failed policies, said she believed the country’s former currency would have a “different value” if it was still in place.
And she implied her country’s involvement in the single currency, which is used by 19 of the 28 member states of the European Union, is propping up less productive economies.