Today in Euro Crisis History: Trial Balloon Dept.

German Economy Minister Rainer Bruederle in Berlin on Jan. 27, 2010

Photograph by Michele Tantussi/Bloomberg

German Economy Minister Rainer Bruederle in Berlin on Jan. 27, 2010

January 30, 2010

Germany’s Bruederle Rules Out Bailout for Greece

German Economy Minister Rainer Bruederle ruled out a rescue for Greece, as officials in Athens struggle to tame the euro area’s biggest budget deficit. “I don’t think that a bailout is the right way because German and French taxpayers can’t pay for Greece,” Bruederle said in an English-language interview in Davos, Switzerland today.

Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date in previous years that highlight the roots, twists and turns of the current turmoil.

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