Euro Crisis: German Experts miss the point

Leading German economic 'experts' urge Chancellor Merkel to take the lead in rescuing the Euro. But while their suggestions may all have some merit they miss the key aspect: All the mentioned remedies are at best a sticking plaster. The critical aspect has been overlooked: the banking system must be isolated from the impact that a bankruptcy in any member state - or a leaving of the Eurozone - can have. Only that would guarantee that no fiscal transfers or bailouts are necessary.