Germany owes Greece a debt

Germany's ducking of the war reparations issue makes its attitude to the current Greek debt

Tuesday 21 June 2011 16.36 BST

German chancellor Angela Merkel. Photograph: Alik Keplicz/AP

The Germans are not amused these days. Look everywhere from tabloids to the blogosphere, and it seems that the public mood has reached boiling point. Loth to shoulder another national debt increase and finance another bailout, the Germans have started questioning everything from the wisdom of supporting Greece to the common euro currency, or indeed the merits of the European integration project altogether. This might be strange for a country that is nudging ever closer to full employment, and which is about to recapture its position as the world's leading exporter of manufactured goods from the ...

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