Germany's Great Dilemma | FT
- 5 years ago
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The problem for Germany is that Europe has a two-speed economy which is growing at the centre and shrinking at the periphery. If Europe's "budgetary sinners" are going to be bailed out by Germany, they will have to impose austerity measures, says Quentin Peel. And that, he warns, could undermine the stability of the euro, on which Germany so relies.
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The problem for Germany is that Europe has a two-speed economy which is growing at the centre and shrinking at the periphery. If Europe's "budgetary sinners" are going to be bailed out by Germany, they will have to impose austerity measures, says Quentin Peel. And that, he warns, could undermine the stability of the euro, on which Germany so relies.
► FT World News: http://bit.ly/1Exp0iJ
► FT Business: http://bit.ly/1KUK08s
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes