Ambrose Evans-Pritchard–Asian powers spurn German bonds and pullout of EU as a whole

Critics say Germany is falling between two stools. It has backed EMU rescues on a sufficient scale to endanger its own credit-worthiness, without committing the nuclear firepower needed to restore confidence and eliminate default risk in Spain and Italy. It … Continue reading Ambrose Evans-Pritchard–Asian powers spurn German bonds and pullout of EU as a whole