Financial Times
February 14, 2012
Rioters burn the German flag in street protests. A demonstrator defaces the façade of the Bank of Greece, the central bank, so that it reads “Bank of Berlin”.
Most shockingly, a rightwing Greek newspaper depicts Angela Merkel, Germany’s chancellor, in a Nazi uniform above the headline “Memorandum macht frei” – an allusion to the memorandum in which Greece’s foreign creditors demand more austerity measures and to the Auschwitz slogan.
In these anxious times anti-German sentiments are not unusual in Greece. Locked in a struggle to avoid economic ruin and exit from the eurozone, Greece is confronting the potential collapse of its self-image as a country with a secure place in Europe’s family of nations.
To blame Germany draws on deep wells of national suffering endured during the 1941-1944 Nazi occupation of Greece. It is not the only response: Greek economic mismanagement, public sector corruption and dysfunctional politics inspire much self-criticism. Animosity towards Germany is not sweeping through all levels of Greek society.
However, a steady drumbeat of resentful attacks on Germany’s policies in the eurozone debt crisis, and on German popular views of Greece, rumbles week after week through television talk shows and the press. As the economic emergency intensifies, it resonates in stormy debates among Greece’s political classes.
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