We are in an interval during the long Greek tragedy, in a gap between the wailings of the chorus but still far from the end, so this is a good moment to ponder one important point about the politics of the eurozone: why do the other 18 members of the single currency accept Germany’s leadership when it is wrong and yet refuse it when it is right? Or to put it another way: if this is a German-dominated Europe, why are the Germans so ineffective at domination?
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