germany profits from greek debt crisis

[Guest PatrickT]

Germany is the big winner of the current debt crisis. Even if greece defaults we would still have earned 100 billion € our of this. The reason is that the inbterest rate went dramatical down because of the crisis. Investors basicly give germany money for free. We earned with that 100 billion €. Grece owns us 90 billion €. So even if greece defaulst, we make 10 billion profit. 

 

In short: bad news for greeks means good news for germans. 

 

http://www.heute.de/leizig-institut-fuer-wirtschaftsforschung-halle-deutschland-profitiert-von-der-griechenland-krise-39644948.html