World Bank chief urges Germany to lead on EU crisis |
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January 25, 2012
The head of the World Bank urged Germany on Tuesday to take the lead in resolving the euro zone's debt crisis, warning in a Financial Times commentary that simply trying to muddle through was dangerous.
"No other country can lead Europe out of crisis and into revival," World Bank President Robert Zoellick wrote in an opinion piece in the Financial Times. "Germany must now point the way."
Zoellick, who was the lead U.S. official in the "Two-plus-Four" process of German unification in 1989-90, said taking the lead would not be easy for Germans, who he said are often urged to do more and then criticized for being overly aggressive.
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