Tuesday, June 19, 2012

Putting the Brakes on Austerity: Greek Coalition Could Be Expensive for Germany

Greece may soon have a governing coalition, but the agreement might turn out to be expensive for Europe and Germany. Election winner Antonis Samaras has promised his voters to slow down Greece's austerity drive, with media reports indicating he may soon make a formal request to Brussels. Any delay, however, could cost Germany billions.




Spiegel