Credit default swaps (CDS) measuring risk on German, French and Dutch bonds have surged over recent days, rising significantly above the levels of non-EMU states in Scandinavia. “Germany cannot keep paying for bail-outs without going bankrupt itself,” said Professor Wilhelm … Continue reading Ambrose Evans-Pritchard: EU rescue costs start to threaten Germany itself
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Ambrose Evans-Pritchard: EU rescue costs start to threaten Germany itself
Credit default swaps (CDS) measuring risk on German, French and Dutch bonds have surged over recent days, rising significantly above the levels of non-EMU states in Scandinavia. “Germany cannot keep paying for bail-outs without going bankrupt itself,” said Professor Wilhelm … Continue reading Ambrose Evans-Pritchard: EU rescue costs start to threaten Germany itself