Greece may appear to be in Dire Straits, but Europeans can still be ‘Brothers in Arms’

By Thomas Laskey, Pan-European Fixed Income Investment Manager, Aberdeen

The popular German view of their relationship with Greece revolves around the seemingly never-ending financial support they have begrudgingly extended to the country. It is easy to see why Germans think the Greeks are irresponsible. No matter to German Finance Minister Schaeuble that creditors who make bad loans should shoulder at least as much blame as borrowers who accept them. The calls for discipline continue, as if Greece is a badly behaved school child.

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