Chancellor Angela Merkel rejected quick solutions proposed tofix Europe's financial crisis such as joint debt sharing, sayingGermany can't save the world economy alone and fellow Group of 20countries must help.

Merkel, in a speech to parliament in Berlin today, said the debtcrisis and Germany's role in stemming it will be the “centraltopic” at next week's G-20 summit in Mexico. While Germany will useits strength “in the service of European unity,” the euro and theglobal economy, Merkel said she opposes “seemingly easy” solutionsthat risk backfiring.

“All eyes are on Germany,” she said. “But we also know thatGermany's power is not infinite. So our responsibility as Europe'slargest economy is to deploy our strength credibly, so that we canbe of full use to Europe.”

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