Wednesday, April 10, 2013

Helmut Kohl: I acted like a dictator to bring in the euro



(Telegraph) Helmut Kohl, Germany's former chancellor, has admitted that he acted like a "dictator" to bring in the single currency to the country, otherwise he "would have lost" had he held a referendum.

In an interview conducted for a journalist's PhD thesis, Germany's longest-serving postwar chancellor said that he would have lost any popular vote on the euro by an overwhelming majority.

"I knew that I could never win a referendum in Germany," he said. "We would have lost a referendum on the introduction of the euro. That's quite clear. I would have lost and by seven to three."

Read article here.

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