"It will not be possible to solve the current crisis with euro bonds"

This quote by Angela Merkel is referring to the current recession in Europe. She is saying that it will not be possible to solve the crisis with euro bonds, which are bonds released by the European Union. Euro bonds are a kind of debt funding that allows nations to borrow money from the European Union.

The current crisis in Europe is a result of the financial decline triggered by the COVID-19 pandemic. The pandemic has actually caused a sharp decrease in economic activity, causing high unemployment and a decrease in consumer spending. As a result, many nations in Europe are dealing with severe financial difficulty.

Angela Merkel is recommending that euro bonds are not the solution to the current crisis. She thinks that the only way to fix the crisis is through fiscal and financial policies that will stimulate economic development. This consists of steps such as increasing government costs, cutting taxes, and supplying financial backing to services and individuals.

In conclusion, Angela Merkel is stating that euro bonds are not the answer to the present crisis in Europe. She believes that the only way to fix the crisis is through financial and monetary policies that will stimulate economic growth.