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Wednesday, October 1, 2014

Germany Fights on Two Fronts to Preserve the Eurozone | Stratfor

Germany Fights on Two Fronts to Preserve the Eurozone | Stratfor

This puts Germany in a dilemma because two of its key imperatives are in contradiction. Will it save the eurozone to protect its exports, writing a big check as part of the deal? Or will it oppose the ECB moves, which if blocked could mean a return to dangerously high bond yields and the return of rumors of Greece, Italy and others leaving the currency union?

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