'If the Euro Fails, Europe Fails' Merkel Says EU Must Be Bound Closer Together

It is time for more Europe, and existing treaties may have to be amended to get there. That was the message Chancellor Angela Merkel delivered in a speech to the German parliament on Wednesday. She also called for tighter rules for those who violate euro-zone deficit rules.
German Chancellor Angela Merkel said that treaty amendments might be needed to bind Europe closer together.

German Chancellor Angela Merkel said that treaty amendments might be needed to bind Europe closer together.

Foto: Wolfgang Kumm/ dpa
cgh -- with wire reports