Germany and the Euro

Germany and the Euro
Re "Why Germany Must Save the Euro" [Aug. 12]: The German political and financial elite has shown a tremendously myopic, narrow-minded and, ultimately, self-destructive conduct from the beginning of the crisis. If the euro zone crumbles, then the biggest loser will undoubtedly be Germany, as the introduction of the ultra-strong deutsche mark would give the kiss of death to its export-driven economy. Not to be misunderstood, I do not ignore the vast mistakes made by southern countries during the past decade, and I despise both left- and right-wing populist rhetoric that Germany must...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!