Last updated: 9/8/2010 11:56:00 AM GMT

The proposed EU Greek bail-out cannot simply bypass German law
Posted on March 17, 2010
As of today, German finance minister Wolfgang Schauble has not yet agreed to anything beyond a last resort rescue “if insolvency were imminent” and if there were to be a threat to the “financial stability of the euro area as a whole”. That raises the bar very high.
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