Noah's Feed
In Cyprus standoff, Germany refuses to blink
BERLIN, March 20 (Reuters) – For three years, the euro zone
crisis has played out according to a familiar pattern: German
Chancellor Angela Merkel took a rock-hard line towards
struggling southern states only to buckle at the last minute and
offer aid when disaster threatened.
No longer. With Cyprus, a tiny Mediterranean island that for
Berlin exemplifies much of what is rotten with Europe’s currency
bloc, this pattern may be finally breaking down.
#SPD’s Gabriel: “Merkel has allowed a country with a population barely bigger than the Saarland to throw the entire #eurozone into chaos”
Like #eurozone governments? Faith in Klinsmann’s methods and tactical acumen is rapidly eroding http://t.co/W7Kc6jUtba
Here’s a novel take! Kirkegaard at Peterson calls Cyprus deal a good one for all involved http://t.co/nsorbfDdsa
“Und wieder einmal waren es drei Deutsche, auf deren Mist die fatalen Fehlentscheidungen gewachsen sind” http://t.co/0wxd54cNAj #Cyprus
“The crisis is back. It’s all about Cyprus today,” trader tells Reuters. Euro sinks. Bunds rally. Italian bonds fall. Gold at 2-1/2 week hi
Nous ou Mario? Hollande: “Chacun est bien conscient que nous avons réussi ces derniers mois à renforcer la stabilité de la zone euro”
New #German anti-euro party @Wahlalternativ1 only has about 1,000 followers despite loads of publicity in recent weeks
Morgan Stanley on euro zone: In our bear case, social unrest spreads and leads to political procrastination and reform blockage
Elga Bartsch at Morgan Stanley cutting forecast for #eurozone GDP to -0.7 percent this year due to expected deterioration in #Italy #France
-
About Noah
-
Follow Noah
