Germany pulls rank over the Euro zone with its GDP
Germany ranks 14th in external debt and will meet Greece which ranks one place below them in the list of world’s biggest debtor nations on July 22nd. Angela Merkel who has been talking down to Greece about their debt crisis will attend the match.
Merkel has steadfastly refused to renegotiate terms of the Greek bailout which imposes a punishing repayment schedule. This puts the hurt in the yogurt.