Germany's Leading Role in Weakening the Euro

Wednesday, June 19, 2013 Last Update: 7:46 AM ET

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Germany's Leading Role in Weakening the Euro

By Christian Reiermann and Klaus Wiegrefe

DPA

In moments of triumph, modesty is the largest casualty. It was March 21, 2005, a day that German Chancellor Gerhard Schroder, a member of the center-left Social Democrats (SPD), felt was "a good day for Germany, a good day for Europe and a good day for economic development." After a more than two-year struggle with an intransigent European Commission, reluctant partner countries and a rebellious finance minister, Schroder finally got what he wanted:

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July 18, 2012

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1 reader comment


1. Nicholas Kostopoulos wrote on July 18, 2012 1:14 PM	Germany only cares for Germany, and the hell with the rest has always been the historic German way> This is one reason the Greeks in the long run will be better without the ECC (or another way of calling it the lease that give Germans the ultimate control of Europe). The ECC has never worked the way everybody intended it to.
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