Entradas Etiquetadas con ‘eurozone’

The eurozone crisis has gone on for months and the strategy of Germany appears to be brinkmanship: push peripheral countries to the edge of the cliff and let the markets attack, in hopes that the spreading panic will force the governments of these countries to agree to demands for more central fiscal authority (but not co-responsibility) and deeper austerity. Leave them tottering on the cliff’s edge, the Germans appear to be saying, and they will give us what we want. Seguir leyendo…