Bailout Talks Raise Tensions between Greece and Germany

Proposals in Brussels to throw a financial lifeline to debt-strapped Greece have met with resistance from some EU governments, in part because of the poor precedent a bailout would set for other member states in similar predicaments. But there is also mounting public opposition to such a move, particularly in Germany. As a result, despite the threat a Greek meltdown would pose to the eurozone as a whole, the German government has adopted a hard-line position in negotiations over how the EU should respond, causing relations between the two countries to become increasingly strained. The German government has historically extended […]