Nytt

Tiden renner ut fort for Hellas. Spørsmålet er ikke lenger om, men når landet er konkurs.

Snart er det ikke flere penger i kassen, og betingelsene for å legge i fler blir stadig strengere.

“Greece’s imminent default is assured,” Carl B. Weinberg, chief economist at High Frequency Economics in Valhalla, New York, wrote in an e-mail Sunday. “Without an injection of cash within the next weeks, the nation will run out of resources to service its debt.”

Stemningen i Tyskland svinger mot å redde Hellas, fordi Hellas er hinsides redning. Man vil heller ikke redde de store økonomiene Italia og Spania av den enkle grunn at beløpene er svimlende og helt uakseptable innenfor et demokratisk system.

Despite the potentially grave consequences, the mood in Germany seemed to be turning increasingly in favor of letting Greece fail rather than bear the growing cost.

Wolfgang Schäuble, the German finance minister, on Sunday repeated warnings that Greece will not receive any more aid unless it keeps promises it made to the International Monetary Fund, the European Commission, and the European Central Bank to cut government spending and improve the economy. “The payments on Greece are contingent on clear conditions,” he told the Bild am Sonntag newspaper.

German commitment to the euro seems to weakening as membership becomes increasingly expensive. The Ifo Institute, an economic research organization in Munich, said in a study released Saturday that if Greece, Italy, Portugal and Spain all became insolvent, Germans would be liable for €465 billion, or $642 billion. The institute has argued that Greece should leave the euro for its own good.

As the largest country in the 17-nation euro zone, Germany is the biggest contributor to a bailout fund designed to help Greece as well as Portugal and Ireland continue to pay their debts while their economies recover.

Greece Nears a Tipping Point in Its Debt Crisis