Merkel Greek Strategy Risks Backfiring as Exits Route Mapped
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Germany and France’s drive to force Greece to honor its euro commitments risks backfiring on Chancellor Angela Merkel and President Nicolas Sarkozy.
A week after the currency’s guardians declared for the first time that it is possible for the 17-nation bloc to shrink, U.S. stocks tumbled on concern German politicians are already creating exit chutes for the weakest members.