Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
Actually, while the previous bailouts indeed shifted a lot of debt into public hand, in the current fight between Germany and everyone else, it is Germany's finance minister who calls for rollover by private banks (who in Germany were asked to not sell their Greek bonds until 2013 a year ago already) and the ECB and reportedly France who oppose the inclusion of privates most, ostensibly for fear that it will be interpreted by "the market" as forced default for private creditors and will lead to another assault on Portugal and the rest.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Mon Jun 13th, 2011 at 07:54:04 AM EST
[ Parent ]

Others have rated this comment as follows:

JakeS 4

Display:

Top Diaries

The 2nd Migrant Wave to Germany

by DoDo - Sep 1
54 comments

The UK Left and Brexit

by car05 - Aug 27
10 comments

Brutish, Nasty, Prolonged

by john_evans - Aug 18
26 comments

Periphery, migration & decline

by Metatone - Aug 14
24 comments

1930s in social media

by DoDo - Aug 11
91 comments

It's "Whose Economy, Stupid?"

by Helen - Aug 3
38 comments

Recent Diaries

Occasional Series