We're Good Europeans Yet They All Hate Us | Standpoint

We're Good Europeans Yet They All Hate Us | Standpoint: Germany is in a position where it is going to haemorrhage either cash or sovereignty. The government has decided it would rather haemorrhage sovereignty. Voters will notice it less. They get to accumulate money in the short term. The EU gets to accumulate sovereignty in the long term. Everyone is happy. But the arrangement is tenable only so long as it costs taxpayers no money. The assumption on which it is based is challenged by the Greek bailout and default deal.