Economic Scene: Germany’s Debt History, Echoed in Greece
As policy makers know well — and Germany perhaps better than any — major debt overhangs are solved only by writing down the debt. And the longer the delay, the deeper the pain. [Source]
Publication Date:Origin: nytimes.com
Category: Germany
Topics: deeper, delay, longer, writing, solved, overhangs, major, better, perhaps, Germany, makers, policy, Greece, Echoed, History, Germany’s, Scene, Economic