Worries And Concerns On Europe's Debt Crisis Continues

Diposkan oleh Muhammad Tsani Abdul Hakim on Saturday, August 13, 2011

German Chancellor Angela Merkel addresses the media in Berlin in July. Merkel is facing a backlash from critics in her own political coalition. (Tobias Schwarz, Reuters)



All Eyes On Germany In Europe Debt Crisis -- L.A. Times



The country is already bearing much of the bailout burden. Now the question is how much more it's willing to take on.



Reporting from Butzbach, Germany — Germans groaned about bailing out Greece, but reluctantly agreed. They gritted their teeth over Ireland and Portugal, but ponied up.



Now that Europe's debt crisis is threatening economic giants like Italy, Spain and, most recently, France, everyone is looking to Germany yet again, and one of the key questions is how much patience the German public has left for its less-disciplined neighbors.



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My Comment: Concerns are now rising that France is next, and if this is the case the long term look for the Euro is bleak.



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