It is happening at a time when many Europeans see Germans as uncoupling their own interests from the continents, reluctant to pay a cent more to rescue the profligate economies of their southern partners unless they finally sign on to Germanys own standards of hard work and thrift.
And it is happening as the European debate takes an ominous turn. If it is argued that for the euro to work like the dollar works, it will have to be backed by the same political and fiscal cohesiveness as found in the United States, then the converse also holds true: as the currency goes, so goes the Continent.
With every day that passes, the crisis of the euro is becoming more and more a crisis of the European Union, wrote a columnist, Matthias Nass, in the weekly Die Zeit.
For all their nostalgia, most Germans are realists. Many might yearn privately for the old bills and the sense of ironclad, anti-inflationary security that came with them. But, like the political and business elite, far fewer believe that the clock may be reversed without severe economic hazard. And, with growing resentment, many here acknowledge that weaker economies will look to Germany to perform yet one more miracle, after postwar revival and the huge costs of reunification.
The truth is, Mr. Nass wrote,
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