German finance minister Wolfgang Schaeuble believes Greek bankruptcy is imminent, according to a leaked letter, and argues that restructuring of the country's debt is necessary.
"We are standing before the real risk of the first full-blown bankruptcy inside the eurozone," Schaeuble said in a letter addressed to European Central Bank president Jean-Claude Trichet and leaked to the German press.
In the starkest language yet by a European official, the German minister called for addi...
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