Ex-banker: Germany kept hostage by Euro Zone over Holocaust
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Former German central banker Thilo Sarrazin, whose musings on Muslim immigrants sparked outrage in 2010, has triggered fresh controversy with a book that paints Germany as the euro zone's hostage, forced to pay out vast sums to atone for the Holocaust.
In extracts of his book "Europe doesn't need the euro", due to be published on Tuesday, Sarrazin argues that the euro zone is holding Germany to ransom over its past aggression, blackmailing it into agreeing to euro bonds or mutualised debt. (Reuters)
