At first glance, Germany’s decision not to insist on compulsory participation by private lenders in the latest bail-out of Greece may seem like a defeat for Chancellor Angela Merkel and Europe’s largest economy. But appearances can be deceiving. On another, more important level, Germany came out of the latest round of brinkmanship exactly where it may well have wanted to be – with the common currency intact and Germany able to motor forward.
乍看上去，德国不坚持要求私人贷方必须参与最新希腊纾困行动的决定，对于该国总理安格拉•默克尔(Angela Merkel)和这个欧洲最大的manbetx20客户端下载 体而言，似乎是一场挫败。但这种表象可能带有欺骗性。从另一个更为重要的层面来说，德国走出了最新一轮的边缘政策，且恰恰是在该国很可能希望的节点上——共同货币安然无恙，而德国manbetx20客户端下载 能够继续迅猛前行。
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