SUBSCRIBERS
Greek euro exit too costly, warns Merkel coalition member
Germany will face biggest loss on European financial aid extended to Greece
Published Mon, Jan 5, 2015 · 09:50 PM
Berlin
A GREEK exit from the euro area would have "incalculable" consequences and leave Germany facing the biggest loss on European financial aid extended to Greece, a lawmaker in Chancellor Angela Merkel's coalition said.
"Europe can't afford a Greek exit," Joachim Poss, the…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sunak says UK to raise defence spending amid global threats
China’s central bank hints it may add treasury bond trades to policy toolkit
US business activity cools in April; inflation measures mixed
India’s inflation at risk from extreme weather, geopolitical issues: central bank
Thailand to replace military-appointed Senate, reduce its powers
Bankers lose hope of London IPO revival for another year