Markets and investors need to understand the Greco-German poker game, with both sides playing to protect the single currency
AbstractEdward Price argues that the recent Greek election results show that the Euro is more than a currency; it is an identity. The Germans are dealing with two opposing dilemmas: fighting to save the Euro and fighting against inflation. In the end however, he argues, we should bet on Germany fighting to save the Euro.
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Bibliographic InfoPaper provided by London School of Economics and Political Science in its series Open Access publications from London School of Economics and Political Science with number http://eprints.lse.ac.uk/46269/.
Date of creation: 28 Jun 2012
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