Angela Merkel
Media playback is unsupported on your device
Video

Merkel: 'Europe ignored debt for too long'

Germany's leader Angela Merkel told the country's parliament that Europe had ignored its debts for too long.

The German parliament has backed a plan to increase the firepower of the eurozone rescue fund.

The BBC's Ben Thompson on the day's top business story.

  • 26 Oct 2011