Photo Gallery: Insolvency Rules for the Euro Zone
Foto: POOL/ REUTERS
Fotostrecke

Photo Gallery: Insolvency Rules for the Euro Zone

Creating Order in the Euro Zone Merkel's Rules for Bankruptcy

Fearing a lasting burden on taxpayers, the German government is preparing a set of insolvency rules for countries in the euro zone. It would require private investors to bear some of the financial burden and force the affected countries to give up some sovereignty. The plan is guaranteed to meet with resistance.
Translated from the German by Christopher Sultan