bq. Instead, the Greek crisis turned into a three-part opportunity for Germany: The country has dramatically boosted its exports thanks to a weak euro, a German is now the front-runner to head the European Central Bank, and it can now justify cracking the whip on the rest of the Eurozone — the group of nations that use the euro.
So conclude Thomas Meaney and my GW colleague Harris Mylonas, writing in the Los Angeles Times. They are a bit bullish on the long-term consequences of the Greek crisis:
bq. What hasn’t yet shattered the EU just might make it stronger.
Find their piece here.