Germany's Economic Mannschaft Prevails

Germany's Economic Mannschaft Prevails

The German soccer team, the Mannschaft, four times a World Cup winner, has built its reputation not so much on theatrics, but on two less flamboyant qualities: team spirit (Mannschaftsgeist), and endurance. It so happens that these selfsame qualities helped the German government prevail in the standoff with the government of Greece, led by hard-left Prime Minister Alexis Tsipras, over the bailout program under which Greece is committed to implement austerity measures and structural reforms in return for a €240 billion ($273 billion) bailout. Germany has contributed €80 billion itself to the bailout.

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