We told you so. But notice the masthead above. Some bits from the Bloomberg piece: Ministers meeting in Berlin today backed a reworked European Financial Stability Facility including sovereign bond- buying powers, raising Germany’s share of EFSF loan guarantees to 211 billion euros ($305 billion) from 123 billion euros. The measures were agreed on by European leaders at a July 21 summit. The way is being paved for Eurobonds, as we told you.Peter Grottian, a politics professor at Berlin’s Free University, said by phone yesterday. “What’s more painful: risking the collapse of the government and a devastating economic backlash, or...
