Friday, January 09, 2015
"Europe Can't Afford A Greek Exit" German Opposition Warns Merkel Is "Playing With Fire"
The mainstream media narrative - that Germany is ready and prepared for Grexit and that it is no longer a threat to financial stability - is all hype, according to German opposition finance minister Joachim Poss. As Bloomberg reports, all that is mostly posturing for an electorate tired of the aid and angst Greece has demanded since 2010. Simply put, the potential for Euro instability from a Grexit is a detriment to Germany's massive benefits from the single currency -"Europe can’t afford a Greek exit," Poss concludes, complacency by Merkel is "playing with fire." .... http://www.zerohedge.com