Profiteering Crisis Has Saved Germany 40 Billion Euros

Germany has profited from the euro crisis to the tune of 41 billion euros in reduced interest payments. Strong demand for its debt has cut yields and made it cheaper for Germany to borrow. Meanwhile, the crisis has only cost Germany a mere 599 million euros thus far.
German Finance Minister Wolfgang Schäuble has every reason to smile.

German Finance Minister Wolfgang Schäuble has every reason to smile.

Foto: Patrick Seeger/ dpa
SPIEGEL/cro