Not ready to prevent 'Grexit' at any cost

Matthias Kullas talks to Handelsblatt Global Edition about the negotiations of the euro states with Greece

In the end, it was the fact that German Chancellor Angela Merkel appeared to be prepared to accept a 'Grexit' that gave her the upper hand in the negotiations, Matthias Kullas told Handelsblatt Global Edition. “Germany was not ready to keep Greece in the euro zone at any price,” Mr. Kullas said. “And that’s a good thing, because if one does that, then one can be blackmailed.”