It's nice to see Harald Freiberger und Markus Zydra in the Süddeutsche Zeitung recall that economic depressions can and have had adverse affects on democracies (Griechenland-Krise im historischen Vergleich. Das Gespenst von Weimar 26.02.2012).The Troika of the IMF, the EU and the ECB (European Central Bank) agreed a week ago on paying the latest tranche of bailout money to Greece, in exchange for more of Angela Merkel's crippling austerity politics, with the absurd aim of reducing Greece's debt-to-GDP ration to 120% by 2020.
Hans-Peter Keitel has been the president of the German business lobbying group, the Federation of German Industries (BDI) since 2009. Roland Nelles und Severin Weiland report in BDI-Chef will Griechenland zur Sonderwirtschaftszone m... Read Post
Wolfgang Münchau, editor of the Financial Times Deutschland, writes in Willkommen in Weimar (Welcome to Weimar) Spiegel Online 09.05.2012 (my translation):An exit from the euro or from the European Union would absolutely not be the ... Read Post