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Thursday, March 26, 2015

In Germany’s shadow

THE timing was certainly awkward. Talks between Greece and the euro zone were on a knife-edge. Beset by rumours that Greece was running out of money, Alexis Tsipras, the prime minister, had agreed to propose reforms to unlock bail-out funds. Then, just before Mr Tsipras was to visit Angela Merkel, Germany’s chancellor, a news magazine ran a cover of Mrs Merkel overlaid on an image of occupying Nazi forces at the Parthenon. “The German Übermacht (‘Dominance’)”, read the headline. Insinuations that Germany’s tough line on debtor countries carries a whiff of the Third Reich have been common throughout the euro crisis, usually in Greece. But this time it was Der Spiegel, a respected German weekly, that made the comparison (depicting European perceptions, it insists). At a press conference with Mrs Merkel, Mr Tsipras condemned the cover (before repeating his call for war reparations). But as Greece again throws the euro zone into turmoil, Germany is facing awkward questions. During the euro crisis, power shifted from European institutions to capitals, Berlin chief among them. On the urgent...


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