by Andreas Hoffmann
The euro benefited Germany more than others in the zone. Germany exported and won, the others had to import German goods and lost (link). This seems to be a consensus in the world of politics. The second consensus is that a bail-out package for the euro problem children or even euro bonds are necessary to safe this euro. And obviously without this euro, there would be no EU.
The combination of the two arguments is used to convince the German parliament and public of that the bail-out packages are necessary. Read the rest of this entry »