''..Last week, on a visit to Berlin organized by the Greek and German representations of the EU Commission, I was able to witness first hand the extent of the Merkel government’s divorce from reality. In meeting after meeting with high-ranking government officials, we were served the party line: The Eurozone’s problem lies in binge deficit spending and a longer-term lack of competitiveness. The fix, therefore, is austerity and structural reforms that will remake errant countries, on pain of sanctions, in the image of Germany . Those who prove unable to reform themselves, sources suggest, will be shown the exit. Specific proposals are expected at the next EU summit on December 9..''
''THE AMERICAN PROSPECT''
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