Tuesday, July 13, 2010

Creating Order in the Euro Zone - Merkel's Rules for Bankruptcy

From Spiegel Online: Fearing a lasting burden on taxpayers, the German government is preparing a set of insolvency rules for countries in the euro zone. It would require private investors to bear some of the financial burden and force the affected countries to give up some sovereignty. The plan is guaranteed to meet with resistance.....read on

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