Germany (with a debt of 185.2% of its GDP) is leading a crusade against the Greek government's irresponsible fiscal policies (at 48.4% of the GDP).
Meanwhile, Marc Baronnet's calculations indicate that the magnitude of Greek and German government spending is roughly the same (40-45% of the GDP).
Germany is so adamant about putative Greek "irresponsibility" that Angela Merkel raised even the specter of possible expulsion from the Euro-zone, in the context of discussions about the Greek crisis. But even if that doesn't happen, Greece "needs to do its homework."
Unless these data are seriously off (which is always a possibility with stuff one gets from the web) I'm not sure what exactly gives the German government this high podium to talk down from.
This page is devoted to my recent book:
The European Union and Global Social Change: A Critical Geopolitical-Economic Analysis (London: Routledge, 2009).
Here is a preview page, produced and maintained by Routledge (Taylor & Francis), the publisher.
It contains the Table of Contents and a few sample pages.
The PAPERBACK VERSION became available in early August 2010.
Check it out / order here
The book has received Honorable Mention in the 2011 best book competition of the Political Economy of the World-System section of the American Sociological Association.
It contains the Table of Contents and a few sample pages.
The PAPERBACK VERSION became available in early August 2010.
Check it out / order here
The book has received Honorable Mention in the 2011 best book competition of the Political Economy of the World-System section of the American Sociological Association.

Sunday, March 21, 2010
A German-Greek Dialogue, Of Sorts
Labels:
Chancellor Angela Merkel,
EU,
Germany,
government spending,
Greece
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This just in: According to AP, Angela Merkel says "Help for Greece is not on the agenda of the upcoming EU summit." This being the case, I wonder just what exactly is on that agenda.
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