Germany

Bloomberg View: Germany's Banks Must Assist in Europe's Cleanup

24 May 2012

Note to Angela Merkel: Your banks have been bailed out, too

Germany’s been bailed out, too

24 May 2012

The euro-zone crisis is often framed as a bailout that rich, responsible countries like Germany have extended to poor, irresponsible countries like Greece. But as the editors at Bloomberg View explain , it can also be seen, at least in part, as a bailout that the German taxpayer extended to the German financial system: Read full article >>

Hey, Germany: You Got a Bailout, Too

23 May 2012

In the millions of words written about Europe’s debt crisis, Germany is typically cast as the responsible adult and Greece as the profligate child. Prudent Germany, the narrative goes, is loath to bail out freeloading Greece, which borrowed more than it could afford and now must suffer the consequences.