Germany May be Ready to Surrender in Fight to Save Greece

http://www.bloomberg.com/news/2011-09-11/germany-readies-surrender-in-fight-to-save-greece-euro-credit.html

Germany May be Ready to Surrender in Fight to Save Greece

 

“Germany is preparing for the worst, which is that the crisis in the euro zone is going to be much bigger for everyone,” Erixon said.

Canadian Finance Minister Jim Flaherty said Europe’s woes were the “number one” topic and that Greece may even need to quit the euro if it can’t consolidate its budget.

G-7 officials vowed to “take all necessary actions to ensure the resilience of banking systems and financial markets,” and to make a “concerted effort” to support a flagging world economy.

 

Comment by Adamantine;

There is no shortage of things to ponder which may yet cause the needed crisis to give rise to the EU superstate and Uber leader.

 

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