Germany’s savers feel resentment and guilt over pressure to end euro crisis

Posted by on Sep 17, 2012

Germany finds itself wielding unprecedented influence in the postwar era. Launching a week-long series on the accidental empire at a key point in Europe’s history, we assess why the country appears so reluctant to save the continent Uwe Albrecht has what he calls a wonderful problem. In his office in Leipzig’s fortress-like town hall, the deputy mayor says the city’s population has grown so much in the past decade that he is having to build more kindergartens and schools. “Ten years ago we were talking about closing schools,” he said. Now Leipzig is one of the success stories of reunification.

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