Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg News

Ifo’s Sinn Says EU Accord Threatens Germany, Handelsblatt Says

July 01, 2012

The outcome of last week’s European summit threatens Germany’s financial stability, Handelsblatt reported, citing Hans-Werner Sinn, the president of the Munich- based Ifo research institute.

“The German state is being drawn ever deeper into the southern European crisis, while investors from all over the world, who have gambled and lost, can now get out of the vortex at the last minute,” Sinn was cited as saying.

The fiscal pact, which Germany had pushed for, won’t be taken seriously outside the country, Sinn said, according to Handelsblatt.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at

To contact the editor responsible for this story: Kenneth Wong at

blog comments powered by Disqus