Publication
Mar 2012
This paper argues that the European sovereign debt crisis is slowly turning into a euro crisis and, because of this, Germany has a responsibility to resolve it. As an exporting nation, the author explains, Germany is heavily dependent on stable economic conditions in Europe. For this reason, the long-term stability of the euro is in the country's best interests, even if this means making transfer payments to prevent the disintegration of the eurozone.
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English (PDF, 7 pages, 795 KB) |
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Author | Thieß Petersen |
Series | Bertelsmann Spotlight / Flashlight Europe |
Issue | 2 |
Publisher | Bertelsmann Foundation |
Copyright | © 2012 Bertelsmann Foundation |