Saturday January 25, 2020

Germany’s euro angst sees messenger gunned down

Greece is going bust. The euro is sliding. The bond markets are in open revolt. And what does the German government decide to do?

29th May, 2010

Greece is going bust. The euro is sliding. The bond markets are in open revolt. And what does the German government decide to do?

Shoot the messenger.

The German government rocked the markets a week ago with a swift, unilateral ban on short-selling and speculation in European government bonds. It caught everyone by surprise.

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