Jim Armitage: Mother Merkel wags her finger to curb Greece's teen spirit
Jim Armitage is the City editor of The Independent and London Evening Standard group of newspapers. He has been a reporter and editor for more than 20 years and was recently shortlisted for the Press Gazette financial journalist of the year and The Society of Editors financial journalist of the year awards. He contributes news, investigative reports and comment to the Independent titles plus a daily column in the Evening Standard.
Monday 18 June 2012
Funny, isn't it, how Europe's oldest civilisation has been behaving like its most obnoxious teenager. For a decade and more, Greece has been shirking its workload, spending on tomfoolery, disobeying its over-indulgent parents. Father France, after personal indiscretions of his own at the City's roulette tables, has rather retired from paternal duties, leaving poor Mother Merkel, and wealthy young Germany, to keep the naughty ward in order. A single parenting job from hell.
So now it seems her subtle strategies to persuade Greece not to pull out of the eurozone family has worked. For weeks, her eurozone machine has been fingerwagging about the appalling consequences of leaving the fold. That's been followed by the old "no skin off my nose" argument, suggesting (with knowing deceit) that the family will survive if its most troublesome member packs its bags. Parenting kidology to weaken Greece's confidence in the strength of its hand.
With the election hurdle out of the way, she can get on with the tough love job of keeping Greece on the responsible path. More concessions, yes, but with added German control over Greece's more intemperate teen spirit.
Now, how to deal with Spain and Italy? A mother's work...
- 1 Autistic teenager beaten up by bullies makes them watch 20-minute video about autism
- 2 Greece debt crisis explained: A history of just how the country landed itself in such a mess
- 3 People all over the world are getting semicolon tattoos to draw attention to mental health
- 4 Greek debt crisis: Yanis Varoufakis's funniest (and most memorable) quotes
- 5 Swedish minister gives strongest case yet on why EU should stop turning away asylum seekers
Autistic teenager beaten up by bullies makes them watch 20-minute video about autism
Greece debt crisis explained: A history of just how the country landed itself in such a mess
German conservatives are destroying Europe with austerity, says economist Thomas Piketty
Man dies instantly after shooting firework from top of his head
Isis schoolgirl Amira Abase who fled London to join terrorists in Syria mocks victims of Tunisia massacre
More Britons believe that multiculturalism makes the country worse - not better, says poll
Osborne to cap family benefits at £23,000 – announced ahead of his post-election Budget
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
Sickness and disability benefits could be reduced by £30 a week as part of £12bn welfare cuts
iJobs Money & Business
£40000 - £95000 per annum: Recruitment Genius: This is an exciting opportunity...
competitive: SThree: Are you passionate about sales?Do you have a keen interes...
£17000 - £30000 per annum: Recruitment Genius: This is an exciting opportunity...
£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...