Merkel's EU Concessions 'Germany Can't Always Say No'

In a SPIEGEL interview, German European Commissioner Günther Oettinger, 58, discusses Berlin's concessions at Friday's EU summit in Brussels, why he believes euro bonds are "conceivable" and his idea for a European political union that would look a lot like a United States of Europe.
A protester waves a flag reading "fundraising for the IMF" at a demonstration in front of Madrid's Bankia bank.

A protester waves a flag reading "fundraising for the IMF" at a demonstration in front of Madrid's Bankia bank.

Foto: Andres Kudacki/ AP
Interview conducted by Christoph Pauly and Christoph Schult. Translated from the German by Christopher Sultan.