Did Social Over Spending Cause the Euro-Crisis?

Germany ok when countries were driving up the debt but not willing to help them get out of it. They are trying to destroy the safety net. Seems to be an international movement to destroy the lifestyle of working people.

Russian television: France and Germany plot out the future

Austerity, the Euro Crisis and the US

Some more on French election

Those Revolting Europeans - NYTimes.com

Those Revolting Europeans - NYTimes.com:

'via Blog this'

The French are revolting. The Greeks, too. And it’s about time.

Both countries held elections Sunday that were in effect referendums on the current European economic strategy, and in both countries voters turned two thumbs down. It’s far from clear how soon the votes will lead to changes in actual policy, but time is clearly running out for the strategy of recovery through austerity — and that’s a good thing.

Needless to say, that’s not what you heard from the usual suspects in the run-up to the elections. It was actually kind of funny to see the apostles of orthodoxy trying to portray the cautious, mild-mannered François Hollande as a figure of menace. He is “rather dangerous,” declared The Economist, which observed that he “genuinely believes in the need to create a fairer society.” Quelle horreur!

What is true is that Mr. Hollande’s victory means the end of “Merkozy,” the Franco-German axis that has enforced the austerity regime of the past two years. This would be a “dangerous” development if that strategy were working, or even had a reasonable chance of working. But it isn’t and doesn’t; it’s time to move on. Europe’s voters, it turns out, are wiser than the Continent’s best and brightest.

The French Election and the Eurocrisis

German Tax Collectors Are Volunteering For Duty In Greece, Uninvited

German Tax Collectors Are Volunteering For Duty In Greece, Uninvited

More than 160 German tax collectors have volunteered for possible assignments in Greece to help the struggling Mediterranean country gather tax more efficiently, the Finance Ministry in Berlin said on Saturday.

The offer risks fuelling resentment among Greeks who have already reacted angrily to earlier German calls for the appointment of a "budget commissioner" to monitor the Greek government's management of its finances.

German media published news of the possible tax advice mission two days before the German parliament is due to vote on whether to endorse a new 130 billion euro ($175 billion) bailout package for Greece.

Read more: http://www.businessinsider.com/german-tax-collectors-are-volunteering-for-duty-in-greece-2012-2#ixzz1nWo8hfFG