{"id":662663,"date":"2010-02-12T06:22:00","date_gmt":"2010-02-12T11:22:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/germans-cant-get-tough-on-greece-because-they-have-a-massive-guilt-complex-from-the-past-2010-2"},"modified":"2026-10-04T10:31:38","modified_gmt":"2026-10-04T14:31:38","slug":"germans-cant-get-tough-on-greece-because-they-have-a-massive-guilt-complex","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/662663","title":{"rendered":"Germans Can&#8217;t Get Tough On Greece Because They Have A Massive Guilt Complex"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"float_right\" src=\"https:\/\/i0.wp.com\/static.businessinsider.com\/image\/4b753a3b00000000004a41a0-400-\/chart.png?w=400\" border=\"0\" alt=\"Chart\"  \/><\/p>\n<p><div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script type=\"text\/javascript\">\/\/ <![CDATA[\ntweetmeme_source = 'moneygame'; tweetmeme_service = 'bit.ly';\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\" type=\"text\/javascript\"><\/script>\n<\/div>\n<p>There&#8217;s an interesting historical reason why it might be tough for Germany to play hardball with Greece&nbsp; &#8212; German-imposed Greek austerity has a charged past:<\/p>\n<p><a href=\"http:\/\/www.time.com\/time\/magazine\/article\/0,9171,777595,00.html\">Marginal Revolution:<\/a>&nbsp;<\/p>\n<p style=\"padding-left: 30px;\">In the first year of the German occupation of Greece, austerity and &#8220;wage cuts&#8221; were imposed on the economy; at least 300,000 Greeks died of hunger. &#8230;  The IMF, on the other hand, can&#8217;t override EU strictures on currency policy and on fiscal policy.  Who then will play tough guy with Greece?<\/p>\n<p>France? Doubtful. Greece could get off relatively easy.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/germans-cant-get-tough-on-greece-because-they-have-a-massive-guilt-complex-from-the-past-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/yt3IHNiYtg8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There&#8217;s an interesting historical reason why it might be tough for Germany to play hardball with Greece&nbsp; &#8212; German-imposed Greek austerity has a charged past: Marginal Revolution:&nbsp; In the first year of the German occupation of Greece, austerity and &#8220;wage cuts&#8221; were imposed on the economy; at least 300,000 Greeks died of hunger. &#8230; The [&hellip;]<\/p>\n","protected":false},"author":288,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-662663","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2Mo7","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/662663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=662663"}],"version-history":[{"count":1,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/662663\/revisions"}],"predecessor-version":[{"id":764016,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/662663\/revisions\/764016"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=662663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=662663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=662663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}