Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The "lending" should have come directly from the ECB, making the question of whether and when Germany should lend irrelevant. But nobody's talking about this.

When there is a run on a bank, the Central Bank may decide to intervene. When there is a run on a country, the Central Bank may not?

The brainless should not be in banking -- Willem Buiter

by Migeru (migeru at eurotrib dot com) on Sun May 9th, 2010 at 05:38:34 PM EST
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