...Or is Ms. Merkel just waiting for elections to take a definite stance on the aid to Greece. If this is so, this is a big gambit, that may get out of control very fast. The attitude towards Greece is the final signal markets need. Next in line are Portugal and Spain.
I am a EU enthusiastic. I am one of many who think of the Euro as a necessary step to political integration. It would be a pity if everything is thrown away, now that we have come so far.
Think big, Ms. Merkel.