* German finmin: eurozone has shared responsibility
* German finMin: european solidarity not a one-way street
* FinMin: not only responsibility of triple-A nations
(adds detail, background)
FRANKFURT, Jan 24 (Reuters) - Germany will only back a comprehensive package to stabilise the embattled European single currency if other eurozone nations play their part, German Finance Minister Wolfgang Schaeuble said.
"European solidarity is not only the obligation of
countries with triple A ratings," Wolfgang Schaeuble told
executives gathered at the annual reception of exchange
operator Deutsche Boerse
"We have made it clear that we are not prepared to contribute toward an intensification, improvement of the [eurozone] support mechanism if other members of the monetary union - and there are 17 - do not contribute their part," Schaeuble said, adding "Solidarity is not a one-way street."
The German minister urged Greece, Ireland and other countries which "threaten to spread" the crisis, to take steps to get their budget deficits in order.
Schaeuble reiterated that stabilising the eurozone is still the "best alternative" for Germany.
In a sign German politicians are seeking to win over markets, Schaeuble avoided blaming "speculators" for exacerbating the eurozone crisis and instead called on member countries to take measures to contain the crisis.
Scheuble said Germany would seek to avoid repeating a go-it-alone approach to regulating financial markets, a tacit acknowledgment that Germany's plans to ban naked short selling had caused disruption when they were unveiled last year. [ID:nLDE6680QQ]
Schaeuble however added that some rules start out being implemented in one country first before they become pan-European in nature.
(Reporting by Edward Taylor and Harro Ten Wolde; Editing by Andrew Hay)