Life at the expense of savers

Italy and France have been incurring more debt than allowed for years. This has consequences for German savers: they have to invest their money riskier.

This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).