Spain, spooks and the phantom anti-euro conspirators | WHAT REALLY HAPPENED


Spain, spooks and the phantom anti-euro conspirators

I take very seriously the argument that IMF financial assistance for Greece would plant suspicions in the minds of investors around the world about the long-term viability of European monetary union. If emergency aid were essential, it would not be difficult for Germany, France and other eurozone countries to provide the required amount, which is generally estimated to be about €20bn. To turn to the IMF would raise doubts that the very foundations of European monetary union were built on sand.

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