How long are German voters going to continue supporting other nations in Europe who will not take steps to control their own finances?
Germans are crazy to keep on doing this for the PIIGS.
You got it backwards. The loans are direct interference in these countries; every country that wanted to refuse them experienced a sudden change in government to politicians that were receptive to them. The very fact that the head of Germany’s government is calling for these nations to give up their sovereignty ought to reveal a lot. And back in the early 2000s, Germany certainly did not look like a country that could “control (its) own finances”—they were nicknamed the Sick Man of Europe. Their turnaround can’t be explained by a sudden change in fiscal philosophy, because no such change occurred other than token concessions by the unions . . .