Merkel Playing Clever Game: Strategist

2:00 AM ET Mon, 25 June 2012

"I think Angela Merkel has been very clear about it, you can't give up control of the budget without control of the mechanism. This is a wonderful game because the rest of Europe wants to move towards this but of course no one wants to give up their own sovereignty," Sean Corrigan, chief investment strategist at Diaspon Commodities, told CNBC.