Quote of the day

'This isn't only the most expensive gift ever for Schaeuble. It's the most embarrassing' - German paper the Frankfurter Rundschau comments on the 55bn euros 'mislaid' (and subsequently recovered) by nationalised bank Hypo Real Estate, for which finance minister Wolfgang Schaeuble is responsible. Not a good look, considering Germany's steady criticism of Greece's banking practices...

by Emma Haslett

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