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OPINION/ ANALYSIS/
Allegedly, Portugal's PM José Sócrates (pictured) begged Angela Merkel for bailout aid last week.
TRAYNOR: "He asked Merkel what he should do, promised to do anything she wanted, with one big exception. He would not ask for money – for a eurozone bailout with extremely tight strings attached.
Merkel asked Strauss-Kahn about Sócrates' dilemma. The German-speaking IMF chief was dismissive. The Portuguese plea was pointless, he said, because Sócrates would not follow any advice he was given. The exchange, which occurred last week in Berlin, highlights what a senior German official describes as "Europe's big communication problem'."
ALSO: Nobel Prize winning economist Paul Krugman outlines 4 options for the euro's "woes" in a long Sunday mag cover story entitled "Can Europe Be Saved? He calls the current euro situation "...a tragedy not only for Europe but also for the world, for which Europe is a crucial role model."
http://www.nytimes.com/2011/01/16/magazine/16Europe-t.html?_r=1&ref=todayspaper&pagewanted=all
