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"The risks  of contagion for other countries of the eurozone have been reduced," says...

"The risks  of contagion for other countries of the eurozone have been reduced," says German finmin Schauble, making the case the EU could handle a Greek departure. Schauble may be the most senior official to publicly entertain such an idea - quite a departure from the assured Armageddon described by policymakers for the last 2 years.
Comments (2)
  • For him to mention it means that it is imminent -- trying to soften the psychological blow in the markets.
    11 May 2012, 04:10 PM Reply Like
  • Yep....I am calling BS on this comment from Schauble!
    12 May 2012, 01:09 AM Reply Like
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