andrewducker: (Default)
andrewducker ([personal profile] andrewducker) wrote2011-12-22 11:00 am

[identity profile] skington.livejournal.com 2011-12-22 01:54 pm (UTC)(link)
About 5-10 years ago, Germany's economy was in the shitter. Government, businesses and the unions agreed on a painful package of austerity measures that eventually rescued the economy, but did in Gerhard Schröder's government. This is one of the reasons why Germany doesn't particularly want to bail out any of the southern European countries without strings attached - they went through pain, why shouldn't others?

[identity profile] gonzo21.livejournal.com 2011-12-23 02:31 pm (UTC)(link)
I find it odd as well the amount of complaining being done by countries moaning about all the strings that come attached. Like... they expected the Germans to just give them limitless free money?