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Germans are 'spiders in the euro web'


Over the last few days there have been a series of announcements from Sarkozy, Merkel and ECB president Draghi which have reinforced the idea that a fully formed plan to resolve the euro crisis will be in place for the 9 December summit.

Ulrike Guerot, head of the Berlin office of the European Council for Foreign Relations, sees a "two-pillar approach" in Germany's plans to deal with euro crisis.

Germans "are eager" for a treaty change and to "improve the fiscal surveillance mechanisms" she says. She also adds that Germans are the "spiders in the web" as they have an economy which "benefits largely from the single currency".

Anton la Guardia, Brussels correspondent for The Economist, says the Germans "want a treaty that is written in stone" that says "this will never happen again".

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