Good Money After Bad

FT Deutschland suggests the main reason for Germany’s likely support for a rescue package is not solidarity with Greece, but the fact that German banks hold $43.2bn in Greek sovereign debt, and French banks hold around $75bn.

In other words they’ve tried bailing Greece out once already.

The Tap Blog is a collective of like-minded researchers and writers who’ve joined forces to distribute information and voice opinions avoided by the world’s media.
Facebooktwitterredditpinterestlinkedinmail

Leave a Reply

You must be logged in to post a comment.