Thursday, February 11, 2010

A sentimental attachment but German tolerance is fraying - Times Online

A sentimental attachment but German tolerance is fraying - Times Online

The Frankfurter Allgemeine Zeitung warned the Chancellor yesterday that offering Greece any
kind of bailout would be a betrayal of the trust of the Germans who so reluctantly traded in
marks for the euro. “If the no-bailout clause of the Maastricht treaty is going to be abandoned,
then the last anchor of a stable euro will be destroyed,” warned a front page editorial in the c
onservative newspaper. “Chancellor Merkel has to be hard now so that the euro doesn’t become soft.”

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