Sell your islands, you bankrupt Greeks -- and the Acropolis too! (Verkauft doch eure Inseln, ihr Pleite-Griechen . . . und die Akropolis gleich mit!)The Bild article quoted Josef Schlarmann, a member of Chancellor Angela Merkel’s Christian Democratic Union party, saying:
A bankrupt must use everything he has to raise money -- to satisfy creditors. Greece owns buildings, companies and several uninhabited islands, which can now be used to repay debt.As the Washington Post's Anne Applebaum said Tuesday:
The Germans are fed up with paying the bills of everybody in Europe, they don't want to bail out the feckless Greeks with their flagrantly inaccurate official statistics, they resent being Europe's banker of last resort, they object to the universal demand that they plug the vast holes in the Greek deficit in the name of "European unity" -- and for the first time in a long time they are saying this out loud. . .As always, see MaxedOutMama for further context, including in comments on this prior post. (Note: blame NOfP for the language translations.)
The euro -- the continental currency that has been rendered wobbly by Greece's national debt -- was created to help the single European market compete with the United States. But political feelings run deeper than economic needs, and without that fundamental German urge to sacrifice national sovereignty, the whole thing will fall apart.