Will Germany be forced to agree a bigger firewall?
Friday, March 02, 2012 - 00:58
Mar. 2 - Insider asks the experts: facing increased pressure from within the EU and externally will Germany eventually sign up to a bigger firewall to end the debt crisis.
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Yes we -- -- thing doesn't India and drummer who accepts just like gold and other EU countries that the -- will but it will be increased now a chimney -- to feel that's. They're expanding the essence agreeing to it is in the best interest then don't do it -- they worry that I think beef up. The -- too much you lose some of the moral hazard that's posting some of these guys reform. I think eventually it will have to happen if markets -- -- remain so repulsive towards. It's -- in Spain I think they may feel that it's. Sufficiently complacent not to do side. I think that ultimately will see not only a larger firewall may even see bilateral debt forgiveness and so you -- tour arrange architecture which is robust enough. That the stress is -- -- enormous but which of these countries. In some way accountable enough that does all the moral hazard we have -- -- lost focus.
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