Europe File: The Bundesbank is now powerless to stop the eurozone’s debts becoming mutualized on the ECB’s balance sheet. But acquiescing might secure for Germany some degree of control over the terms of surrender, says Simon Nixon.
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Sun, 12/21/2014 - 2:08pm
Europe File: The Bundesbank is now powerless to stop the eurozone’s debts becoming mutualized on the ECB’s balance sheet. But acquiescing might secure for Germany some degree of control over the terms of surrender, says Simon Nixon.