The Germans Know its Over

Germany’s Angela Merkel says she’s optimistic the euro zone can be saved, but she’s not so sure of that.

In an interview posted on the website of the chancellor’s Christian Democratic Union today, Ms. Merkel said the leaders of the European project have to keep at it, but her comments raised eyebrows in the markets, pressuring the common currency.

 13.2 billion marks—worth €6.75 billion ($8.3 billion)—remain tucked in mattresses, old prayer books, coat pockets or otherwise in circulation..

Odds that Germany beats Greece exiting the EU????

Globe and Mail

Wall Street Journal

Seeking Alpha

Advertisements