She also said that Germany's "social market economy" could serve as a model for a future international financial system in which governments guarded both the "social and economic order" and proposed the creation of a U.N. economic council modeled on the Security Council.
While the merger will have to overcome several political obstacles, it is a sign that the Greek banking system begins to respond to the economic crisis, and a vote of confidence by foreign investors that can become the model for other Greek and European banks.