Germany prepares for 'inevitable' Greek crash

Yahoo Sunday 19th February, 2012

Photo: AFP PLANS for Greece to default, potentially leaving the euro, have been drafted in Germany as the European Union faces up to the fact that Greek debt is spiralling out of control, with or without a second bailout. The German finance ministry is pushing for Greece to declare itself bankrupt and to agree to a ''haircut'' on the bulk of its d...

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