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German Chancellor Angela Merkel speaks during a media conference after a meeting of eurozone heads of state at the EU Council building, Brussels, July 13, 2015 (AP photo by Michel Euler).

Germany’s Merkel Walks a Fine Line on Greek Bailout Talks

Friday, Aug. 7, 2015

Ever since the last-minute agreement reached last month to reopen negotiations for a third bailout for Greece, Germany has become the target of harsh criticism both in the European Union and the United States. The agreement, which set even harsher terms for reopening talks than what had been on offer before Athens called for a referendum it hoped would strengthen its bargaining position, has been characterized as a “German diktat,” with critics calling the German government vindictive, contemptuous and brutal.

Such criticism stands in stark contrast to perspectives in Berlin, where many policymakers regard the compromise found as a rather bad deal for both sides, and not as a German victory. ...

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