10 December 2010

EUROZONE/GERMANY: More Call It's Bailout Approach Stubborn, "Un-European."

G.POST/ DAVID WROE :
     "Germany, long considered a reliable — and financially generous — supporter of European integration, has begun to anger some of its fellow European Union members with its stubborn, go-it-alone approach.
      Berlin’s tough stances during the euro currency crisis have prompted critics to accuse it of bullying smaller countries. The rhetoric culminated on Wednesday when Jean-Claude Juncker, the Luxembourg prime minister and chairman of the group of eurozone finance ministers, called Berlin’s behavior “un-European” — a stinging rebuke on par with one U.S. state calling another “un-American.”
     The overwhelming feeling is that Europe’s largest economy has decided that, if it must pay to keep the European dream alive, it will do so on its own terms. It’s Germany’s way — or the autobahn."