Whitehall said Germany should be more flexible in the crisis in the euro zone single currency after its economy grew in the first decade
inadvertently Downing Street last week, a reminder of the depth of British relations with Germany.
In a briefing on the merits of David Cameron plans to end male primogeniture in the royal line of succession, 10, said the daughter of Queen Victoria would have happened if the rules had been in effect in 1901. Downing Street overlooks the fact that it would have meant that Kaiser Wilhelm II was our king during the First World War. Monarch of Great Britain is now the Princess Marie Cécile of Prussia.
These historical links that explain in part why the British ruling class has been so slow to awaken the Nazi threat in the 1930s, persist to this day and help explain why the Anglo-German relationship is the One of the most constructive in the EU. The Franco-German alliance is obviously the most important in the EU -. The "backbone" of the euro area, in the words of Nicolas Sarkozy
But Germany Great Britain tends to find a stable and reliable partner within the EU. Berlin hopes that it will last, has always believed that British Euroscepticism is counterproductive. It is believed that France's love attached to the use of protectionist British state to the single market less open and more.
With this background in mind, it is surprising how the relationship between Britain and Germany have deteriorated in recent weeks. Officials in Whitehall is a joke that Greece becomes a "German protectorate."
's words sum up the largest number of British Whitehall view:
people are slowly becoming aware of the unsavory conduct of Germany in this whole saga. Its growth over the past decade has largely been to countries like Greece buy German products after accumulating public debt and private, since Germany had levels of interest rates after joining the euro . Now, Germany is in very harsh conditions dictate what to do. This shows how lucky we are that we are not in the euro.
This helps explain why the Prime Minister pushed the Germans so hard to accept that the European Central Bank should act as lender of last resort for countries in the euro area. It would be a huge burden on Germany, which is the largest and most successful economy in Europe. But British officials have a clear message. Germany should be prepared to pay something back, then develop in the first decade of the euro in shiny new Mercedes exporting to countries like Greece.
However, Germany is, as he wrote in his blog recently, reluctant to take the plunge this step because he believes that the sacrosanct principle of the Bundesbank - will the ECB - should be respected. This is its independence. Mario Draghi, the new President of the ECB insists he will not buy debt in the euro zone called the "periphery". But the jokes making the rounds is that Draghi, an Italian, tries to show his righteousness, by acting as a German.
Britain, Angela Merkel may think a bit more flexible than others in Berlin and Frankfurt, the ECB believes that will eventually have to come and rescue funds to ensure the euro area. This may be the single bullet left the barrel of five to midnight, is thought.
Germany is also upset with Britain, albeit for different reasons. Merkel did not take kindly towards Berlin as the tone of British ministers conferences in recent months. But Germany is a real irritation with the suggestion of Prime Minister Eurosceptic Conservative MPs that Britain might try to repatriate social and employment laws in future negotiations of the Treaty of the EU. Germany is pushing for a strong treaty change to place any move towards greater fiscal coordination between the 17 euro zone members on a legal basis. Britain would have a veto in these negotiations.
David Rennie, who writes Bagehot column in The Economist, one of the first most important crisis in the euro area this week. Rennie, who has just returned from Berlin, reports that German officials are so angry at Downing Street, which threaten the development of a treaty that among the 17 eurozone members. That's what Rennie wrote:
Schäuble, who met George Osborne, had an important message to Great Britain. Forget any attempt to use the crisis in the euro area for the repatriation of European social legislation and employment
German officials were left with the impression that No. 10 and the Treasury agreed that the treaty negotiations to strengthen the euro area would be the time to repatriate powers from Britain. It would be for further negotiations of the EU in the coming years.
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