Nein, that would encourage debtors to fall back into their sinning ways.

ECONOMIST: Charlemagne

Chancellor Angela Merkel has been called Frau Nein - an unbending leader of Germany, unwilling to risk her taxpayers' money in defence of the euro.

BBC: Euro: Merkel gives concessions to Italy and Spain

She has been harangued by world leaders, attacked in print and lampooned on magazine covers for saying "nein" to the pooling of euro-zone debt while focusing instead on long-term reforms.

WSJ: France Is Biggest Obstacle to Solution

Nein, that would amount to taking the Bundesbank's gold.

ECONOMIST: Charlemagne

Nein, that would risk inflation.

ECONOMIST: Charlemagne