[ Ссылка ] Former German Chancellor Helmut Schmidt earned a standing ovation at the start of the Social Democratic Party's annual convention. It came after he was scathing about Berlin's response to the euro crisis.
The now frail 92-year-old said, "treaty change to enforce EU budgetary regulation would take too long," and he gave this warning:
"If we fail to solve the crisis, the importance of Europe will continue to decrease and the world will become a bipolar world between Washington and Beijing."
