Martin Wolf of the The Financial Times concludes that Germany's choices are these...
"Germany must choose between a eurozone disturbingly different from the larger Germany it expected, or no eurozone at all. I recognise how much its leaders and people must hate this choice. But it is the one they face. Chancellor Angela Merkel must dare to make that choice, clearly and openly."
For his analysis, see
http://www.ft.com/intl/cms/s/0/c3085eb4-202d-11e1-9878-00144feabdc0.html#axzz1gXTdpMke
"Germany must choose between a eurozone disturbingly different from the larger Germany it expected, or no eurozone at all. I recognise how much its leaders and people must hate this choice. But it is the one they face. Chancellor Angela Merkel must dare to make that choice, clearly and openly."
For his analysis, see
http://www.ft.com/intl/cms/s/0/c3085eb4-202d-11e1-9878-00144feabdc0.html#axzz1gXTdpMke
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