![Merkel's choice: Pay out or stop playing the game Merkel's choice: Pay out or stop playing the game](https://www.cer.eu/sites/default/files/styles/spotlight/public/images/spotlight/in_the_press/2012/merkel_sl-1337600293.jpg?itok=OsSpHUHn)
Merkel's choice: Pay out or stop playing the game
The euro project turns out to have been based on half-truths and false promises, yet as Simon Tilford of the CER says, abandoning it now could be even worse. Rich nations never expected to offer indefinite support to poor ones, nor poor ones to have their lives shrivelled by crushing debts.