this post was submitted on 06 Oct 2025
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i thought the EU practically forced them to adopt austerity?
I seem to remember the Germans saying no bail out if you don't fix your shit but can't remember what the demands were at the time.
They probably sent a copy of "Braindrain 101", and "Why German cars are actually not shit", since those are the only two things Germany care about when it comes to the EU.
Schäuble said "no bailout, period".