BLOOMBERG: German Chancellor Angela Merkel hardened her opposition to joint debt sharing in the euro region as President Barack Obama singled out Europe’s leaders for not doing enough to arrest the financial crisis…
Greece “is unravelling,” and ever-more aid cannot deliver the new beginning that Greece needs, Nikolaus Blome, [Germany’s best-selling Bild]’s chief political columnist, said in an editorial in yesterday’s edition. …
The Greek state “must be rebuilt, like in a developing nation,” he said. “Someone among the euro-zone leaders must finally tell the Greeks the truth: this fresh start can only be achieved with a radical first step. And that means leaving the euro.” … (more)
