Leading German Economist Peter Bofinger 'Germany Has a Vital Interest in Ensuring Irish Solvency'

First the Greeks, now the Irish. A second euro-zone country looks likely to need an EU bailout. Leading German economist Peter Bofinger says the crisis in Ireland is "very dangerous" for Germany. And he has deep concerns about the euro.
German banks are heavily exposed to the Irish debt crisis.

German banks are heavily exposed to the Irish debt crisis.

Foto: Jeremy O'Donnell/ Getty Images
Interview conducted by Stefan Schultz