‘Mummy’ Merkel battered as Germans lose faith in EU -The Sunday Times

After bailing out Greece and now the euro, Germany is fed up with being Europe’s paymaster

The multi-billion-euro payout for Greece, followed by an even more expensive rescue package for the threatened single currency, has created the greatest political climate change in a generation.

“We foot the bill for EU disaster,” screamed a headline in Bild, the tabloid newspaper. Christoph Schmidt, a government economist, responded by warning: “Germany cannot become Europe’s paymaster.”

The stakes could scarcely be higher. “If the euro fails, it is not only the currency that fails,” Merkel warned last week. “Then Europe fails. The idea of European unity fails.” Merkel battered as Germans lose faith in EU

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