![]() Telegraph.co.uk |
Germany drawing up plans for Greece to leave the euro
Telegraph.co.uk By Bruno Waterfield, Brussels The German finance ministry is actively pushing for Greece to declare itself bankrupt and to agree a "haircut" on the bulk of its debts held by banks, a move that would be classed as a default by financial markets. Italian, Spanish Bonds Rise on Bets Greece Is Closer to Aid Deal Greek Bailout Edges Nearer After Germany Signals Backing Europe is in dire need of lazy spendthrifts |