Good show
- Risks of not doing everything for euro would be “completely unpredictable”
- Euro is “one of the great reserve currencies”
- “No way round” medium-term deficit cuts in EU
- Euro region has delivered on deficit cut pledge
- Euro region is on right path to increasing competitiveness, reducing deficits
- Euro zone must not cede willingness to reform when spreads shrink
- ECB must remain independent
- Independence of ECB means strict limits on its mandate
- There are no easy measures to secure sustainable growth
- German govt would not agree solution for Greece deemed unsutainable by financial markets
