PARIS – Is there a way that the countries of southern Europe can avoid sinking further into debt at unsustainable interest rates, without resorting to euro bonds, which Germany refuses to consider? Former IMF director Dominique Strauss-Kahn has an idea that he presented this past weekend at the YES (Yalta European Strategy) Forum which was held recently on the Black Sea coast.
DSK can't save his reputation but maybe can he save the euro
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