ATHENS/LJUBLJANA/BERLIN | | sloweniengriechenland

ATHENS/LJUBLJANA/BERLIN (Own report) - The German austerity dictate is meeting growing resistance within the EU. Following the mass protests in Spain and the most recent hundreds of thousands demonstrating in Greece, further activities have been announced, which are explicitly aimed at the so-called EU Growth and Stability Pact. A new development can be observed particularly in Greece. The Greek crisis is the result of a structural imbalance in the Eurozone, which has degraded Greece to a sales market for German products. Therefore Berlin is, to a growing extent, becoming the focus of the protests. According to the German-Greek Chambers of Industry and Commerce, the popular opinion that "the Germans are living at the expense of the Greeks" is widespread. Structurally, Portugal and other countries are suffering from the same problem as Greece. According to German media, there is a danger that Berlin's new public austerity demands could foment "anti-German sentiments from Greece to Portugal." Just recently, a Spanish political advisor warned that if Berlin continues with its dictates, the EU will soon have a reputation similar to that of the IMF, to be an instrument for imposing compulsory economic measures. more…