European Union: The problem with Germany
15 March 2013
Presseurop
New Statesman, The Daily Mail
on the bond-buying spree that the countries of the bankrupt European periphery so crave, prescribing for them a diet of unpalatable fiscal ‘rules’ instead. […] It is not surprising, therefore, that this period has also witnessed a surge of political and popular Germanophobia across the continent.
Today, Germany is both too strong and too weak, or at least too disengaged. It sits uneasily at the heart of an EU that was conceived largely to constrain German power but which has served instead to increase it, and whose design flaws have unintentionally deprived many other Europeans of sovereignty without giving them a democratic stake in the new order.The question we face now is this: how can the Federal Republic, which is prosperous and secure as never before, be persuaded to take the political initiative and make the necessary economic sacrifices to complete the work of European unity? One way or the other, the German question persists and will always be with us. This is because, whenever Europe and the world think they have solved it, events and the Germans change the question.”
If they continue to impose brutal economic strictures on Europe’s peoples, the consequences in terms of social alienation, international disputes and the rise of political extremism could be dramatic. Already we have seen bloody protests against the German economic yoke in Athens, Rome and Madrid. [...] Thanks to this seemingly endless political crisis, Germany is increasingly being seen not as Europe’s economic saviour but its oppressor. [...] Yet the truth is that lashing together the economies of nations as disparate as Portugal, Greece, France, Italy and Germany has served only to inflame old enmities.














