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Merkel urges Eurozone countries to continue supporting recovery by implementing reforms

FXStreet (Łódź) - German Chancellor Angela Merkel said in a speech at the Bundestag that the the Eurozone is still fragile and that it is crucial for Member States to adhere to common rules and continue implementing the necessary structural reforms to support the economic recovery.

The German leader assured that Germany would be able present a balanced budget next year. "The new budget shows debt-financed growth is over in Germany, this is right course for future generations," she stressed.

Moreover, Merkel called for boosting investment in German infrastructure.

Pound falls on Scottish referendum poll rumors

The GBP dropped further on rumors that an opinion poll to be released on Thursday will show that over 50% of voters (possibly 54%) will back Scottish independence on September 18.
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Germany 10-y Bond Auction declined to 1.05% from previous 1.08%

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