Analysis: Germany’s Merkel must change stance on eurobonds

London Telegraph columnist James Barty argues that Germany must take bolder action, including abandoning its insistence that the ECB not be the lender of last resort and its opposition to eurobonds.

“By refusing to stand full-square behind the other members of the eurozone, she is encouraging the markets to worry about an unravelling of the euro project,” writes Barty. Read his full analysis here.

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