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How Germany’s Romance With Europe has Wilted

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05/03/10 Stockholm, Sweden – Germany began and lost two World Wars in the first half of the 20th century. And, since that formative experience, the nation has become one of the most ardent supporters of a unified Europe. To prove its belief in the continent it has opened its checkbook on more than one occasion. In a recent change of heart, Germany’s shown a bit of reluctance about funding a Greek bailout. As a result, the question has arisen as to whether or not Germany has retreated into a nationalism they abandoned a long time ago.

According to a New York Times op-ed piece:

“Let me explain. Germany is probably still the most ardent believer in Europe. We are not becoming more nationalistic, just more realistic. For decades we have shouldered the challenges of the European project. We paid the lion’s share into all the budgets and grand schemes the European Union ever conceived. We gave our national interests second row.

“Shell-shocked and ashamed after World War II, we yearned for a new identity. We wanted to be Europeans more than we wanted to be Germans. That was our state of mind throughout the Cold War. It was true even for a long time after the Wall came down.

“After Paris, I went to Washington in 2002 to head our bureau there, and I shared this view with a French diplomat. ‘We are not just flirting with France,’ I told him. ‘We are serious: We want to marry. We always wanted to. But that window is closing.’ Not abruptly, I told him. We were slowly coming to terms with ourselves. We were becoming a normal nation — as much as possible, anyway.”

According to this writer, Germany was pushing hardest to move such different countries toward becoming a United States of Europe. At the same time, the other nations of the continent resisted, and were hesitant and unwilling. Now, in order to survive, the EU more than ever needs German money while the country has been doing a lot of second guessing about the possibility.

Today, the eurozone finally agreed on a $146 billion rescue package for Greece but, one has to wonder, at what cost? The preamble to the Treaty on European Union states that it is to be an ever closer union, meaning a time should come of complete unity. With the new deal struck it’s interesting to see whether that dream becomes that much closer or further away than ever.

You can visit The New York Times to read more about how Germany has waited too long for Europe.

Best,

Rocky Vega,
The Daily Reckoning

Author Image for Rocky Vega

Rocky Vega

Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let’s Go Publications, Harvard Student Agencies, and The Harvard Advocate.

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5 Responses

  1. Matt Beck said

    Of course, Mr. Vega means “the 20th century.”

    on May 3, 2010.
  2. Otto said

    “Germany began and lost two World Wars in the first half of the 19th century.”

    Rocky, the two World Wars happened in the 20th century, not in the 19th.
    WW I has been planned and provoked by all major European powers. WW II was a mere continuation of WW I. You may talk about the “Great European Civil War”.
    The unfortunate role of the U.S. in it is another issue.

    on May 4, 2010.
  3. Otto said

    And another point:

    Please don’t confound the German bureaucracy / mainstream media with the German people. (The overwhelming majority of the German people wanted to keep the Deutsche Mark, for example.)

    The author of the NYT article is an anchor man of Germany’s main state TV channel.

    on May 4, 2010.
  4. Tim said

    Tom Buhrow wrote: “We wanted to be Europeans more than we wanted to be Germans.” That says a lot right there about what is wrong with the idea of a unified “Europe”. It is totally unnatural for a nation of people (Germans or otherwise) to reject their own historic, cultural and ethnic identity for the sake of an amorphous, globalized economic-political entity.

    on May 4, 2010.
  5. Rocky Vega said

    Thank you, Matt. Clearly, I meant to write “20th century”. I appreciate the note and made the revision above.

    Best,
    Rocky

    on May 4, 2010.

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