* The European Parliament and the Polish presidency of the EU reach a compromise concerning the sanctioning of countries with fiscal problems
* Angela Merkel rejects the idea of common Eurozone bonds
If the Eurozone collapses, then we will see a war on the continent in the next ten years, Polish Finance minister Jacek Rostowski, said, according to euobserver.com.
The Polish official made this statement on Wednesday, speaking to European parliament members, and on this occasion warned that those responsible for the region need to act quickly to prevent a major threat to the EU.
"Undoubtedly, we are in danger. Europe is in danger", Rostowski said, discussing the report "The collapse of the Eurozone - Consequences", made by Swiss bank UBS. UBS warns that from a historic point of view, monetary unions do not collapse without a civil war or other authoritarian reactions.
Jacek Rostowski recounted, before the members of the Parliament, a recent conversation with "an old friend, who presently leads a major bank". The Polish minister said: "We were talking about the Eurozone crisis. He told me: < You know, after all these political and economic shocks, it would be abnormal if we were able to avoid a war in the next ten years >. A war, ladies and gentlemen. I am really thinking of getting a green card for my children in the United States".
Rostowski said that he has chosen his words carefully in this speech, and said that a potential war would not take place in the coming months or in the next four years, but within ten years, a scenario which is almost completely unimaginable at the moment.
* "Compromise package" in the European Parliament
The European parliament and the Polish presidency of the European Union (EU) yesterday reached a compromise on the strengthening of the fiscal discipline and on penalizing countries with esca
