Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
That would be true only if Greece could pay back the money without further loans from EU countries.
In that case Germany (and other EU countries) would pocket the interest rate difference.
(Roughly 5% for the Greece loan versus - say - 3% interest rate for "our" loan.)
by Detlef (Detlef1961_at_yahoo_dot_de) on Tue Apr 13th, 2010 at 11:48:58 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Occasional Series