DEBT CRISIS: GERMAN VIEW

While all the talk is about the Greek and Irish bailouts, German citizens are becoming angry about the burden imposed on them

2nd July, 2011

Early last week, as the Greek parliament prepared to vote on €28 billion in austerity cuts to qualify for its next tranche of financial aid from the IMF, tension in the German press was running high.

‘Days of fear for Europe’ and ‘No help for Athens without austerity’, said Die Welt. Financial Times Deutschland went with ‘Akropalypse Now: what happens if Greece says no to savings deal?’ The business paper Handelsblatt brought the story back...

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