Euro crisis

Eurozone countries appear far from compromise

Press quote (The Washington Post)
Simon Tilford
24 May 2012

“At this juncture, it’s hard to see how the Germans could make big concessions,” said Simon Tilford, of the CER. “What could potentially open up space for the Germans to make big changes would be a Greek departure” from the eurozone, which could come if anti-bailout politicians are elected June 17 and Europe holds firm against making concessions on the tough demands that are a condition of the $164 billion rescue package.