LONDON (Reuters) - Amid rising anger in Germany at Greece, a former German central banker showed some understanding on Thursday for the near- bankrupt country, saying Europe's monetary union was held together by values far more important than debt.
Ernst Welteke, president of the Bundesbank from 1999-2004, said that while the election of the Syriza party in January derailed Greece's nascent economic recovery, the current crisis was not entirely Syriza's fault.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
