Spain braces itself for a crisis made in Germany

Commentary feature. Germany has changed its view of southern Europe, writes José-Ignacio Torreblanca.

Seen from Spain, it is as if Germany had decided southern Europe was a burden that prevents it from going global and needs to be dumped. True, Spain is at the European periphery, but Europe itself is bound to be increasingly the periphery of Asia. Therefore, this Alleingang (going solo) policy can hardly work. In a century dominated by Asia, no European country will be able to make it on its own. A weaker Europe, especially if the eurozone breaks down, will mean a weaker Germany. This is not only about Spain or southern Europe’s survival, but about Europe’s as a whole.

ESO: Background information: Spanish PM meets business leaders to rally confidence http://www.europeansources.info/record/spanish-pm-meets-business-leaders-to-rally-confidence/

ESO: Background information: Spain’s deficit gain fails to ease bail-out fears http://www.europeansources.info/record/spains-deficit-gain-fails-to-ease-bail-out-fears/

ESO: Background information: How Germany could come to kill the euro http://www.europeansources.info/record/how-germany-could-come-to-kill-the-euro/

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