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Should Germany Exit the Euro?

Sinn, Hans-Werner, (2013), “Should Germany Exit the Euro?” , www.project-syndicate.org, 23 April.

Last summer, the financier George Soros urged Germany to agree to the establishment of the European Stability Mechanism, calling on the country to “lead or leave.” Now he says that Germany should exit the euro if it continues to block the introduction of Eurobonds. Soros is playing with fire. Leaving the eurozone is precisely what the newly founded “Alternative for Germany” party, which draws support from a wide swath of society, is demanding.