Wednesday, June 27, 2012

Economic Scene: Why Germany Will Pay Up to Save the Euro - nytimes

To go by the pronouncements coming out of Germany over the last couple of weeks, you might naturally conclude that the euro is toast. Speaking before Parliament, Chancellor Angela Merkel broadly rejected “counterproductive” proposals to pool Europe’s resources to help floundering Mediterranean nations. Germany’s “strength is not infinite,” she stressed. - Why Germany Will Pay Up to Save the Euro
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