Pictures

Members of the U.S. Navy Blue Angels fly over the World Trade Center in lower Manhattan as part of the 25th annual Fleet Week celebration in New York, May 23, 2012. REUTERS/Eduardo Munoz

Reuters Photojournalism

Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption 

Photo

Maxim Hot 100

The world's most beautiful women as chosen by Maxim readers.  Slideshow 

Shreen Mohammad sits with other recruits during a military exercise at the Kabul Military Training Center (KMTC) in Kabul March 28, 2012. A landmark NATO summit in Chicago endorsed an exit strategy that calls for handing control of Afghanistan to its own security forces by the middle of next year but left questions unanswered about how to prevent a slide into chaos and a Taliban resurgence after allied troops are gone. Picture taken March 28, 2012. REUTERS/Omar Sobhani (AFGHANISTAN - Tags: POLITICS MILITARY SOCIETY) ATTENTION EDITORS: PICTURE 18 OF 27 FOR PACKAGE 'AFGHAN ARMY RECRUIT'

Afghan army recruit

A look at an Afghan recruit as he goes through the process of joining the Afghan National Army.  Slideshow 

Merkel won't swap euro bonds for stability rules: MPs

BERLIN | Tue Nov 29, 2011 10:35am EST

BERLIN (Reuters) - German Chancellor Angela Merkel will not make a deal at the upcoming European Union summit to stop resisting joint issuance of euro zone bonds in exchange for progress on strengthening fiscal rules, German MPs quoted her as saying on Tuesday.

Members of parliament from Merkel's center-right coalition said she told them in a closed-door meeting Europe was "a long way from euro bonds" as it made no sense to sanction euro states breaking fiscal rules on the one hand and reward them with lower interest rates via the collectivization of debt on the other.

The chancellor also reiterated her opposition to using the European Central Bank to solve the euro zone's debt problems by injecting unlimited liquidity.

(Reporting by Thorsten Severin; Writing by Stephen Brown)
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.