Monday, February 20, 2012

Greek President's 'Wrath Is Exaggerated but Ominous'

''On Wednesday, growing mutual resentment got personal when Greece's president gave Germany's finance minister a public tongue-lashing. In Friday's newspapers, editorialists lament a longtime Greek-German friendship that has been badly frayed by the euro crisis. 

Sometimes it takes a few days to get over hurt feelings. On Friday, German media commentators were still offering post-game reads on Wednesday's long-distance dust-up between German Finance Minister Wolfgang Schäuble and Greek President Karolos Papoulias.
Of course, the context for the scuffle was the frayed nerves resulting from wrangling over a second aid package for Greek and growing resentment on both home fronts. Germans seem to worry that they are footing the bill for Greek sins and that the Greeks aren't doing anything to stem the bleeding. Meanwhile, the already suffering Greeks respond with anger to German demands for more austerity measures. Protesters in Athens have burned German flags, for example, and the country's newspapers have published photo montages of German Chancellor Angela Merkel in a Nazi uniform...'' DER SPIEGEL

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