Even if Germany had to write off the loans it extended to Southern European countries as part of the eurozone’s emergency rescue measures, the economic advantages of its membership would still be overwhelming, according to a recent study by the Bertelsmann Stiftung.
The bailout programmes adopted to rescue Greece, Portugal and Ireland from bankruptcy have engrained the notion in the German public of their high cost to taxpayers. An opinion poll conducted in the summer of 2012 showed a whopping 65% of respondents would favour returning to the Deutschmark.
To read the full, original article click on this link: Despite costly bailouts, Germany still benefits from the euro: Study | EurActiv
