Former Central Bank Head Karl Otto Pöhl says bailout plan is all about ‘rescuing banks and rich Greeks’
From “Bailout Plan Is All About ‘Rescuing Banks and Rich Greeks’“, Der Spiegel, 18 May 2010 — Red emphasis added. SPIEGEL: What do you think will happen? Pöhl: The euro has already sunk in value against a whole list of other currencies. This trend could continue, because what we have basically done is guarantee a long …