Euro crisis

Analysis: Credit downgrades put onus on Germany

Press quote (USA Today)
Simon Tilford
16 January 2012

The downgrade "certainly reinforces the relative weakness of France to Germany in the current context," said Simon Tilford of the CER. "However, what it also does is isolate Germany."... "If the eurozone were to break up, it [Germany] would be one of the hardest-hit economies in the end," Tilford said.