German Chancellor Angela Merkel appeared on Saturday to rule out debt relief for Italy, saying in a newspaper interview that the principle of solidarity among members of the euro zone should not turn the single currency bloc into a debt-sharing union.
Reuters: Merkel says solidarity in euro zone should not lead to debt union
Portuguese Prime Minister Antonio Costa (R) and German Chancellor Angela Merkel arrive for a joint press conference at Palacio Foz in downtown Lisbon on May 31.