How the Greek Financial Crisis Helped Germany

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:

What hasn’t yet shattered the EU just might make it stronger.

Find their piece here.

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