This puts Germany in a dilemma because two of its key imperatives are in contradiction. Will it save the eurozone to protect its exports, writing a big check as part of the deal? Or will it oppose the ECB moves, which if blocked could mean a return to dangerously high bond yields and the return of rumors of Greece, Italy and others leaving the currency union?
Wednesday, October 1, 2014
Germany Fights on Two Fronts to Preserve the Eurozone | Stratfor
Germany Fights on Two Fronts to Preserve the Eurozone | Stratfor
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