On July 13, after 31 hours of discussions, Eurozone leaders and Prime Minister Alexis Tsipras reached an agreement that would mean billions more in loans for cash-strapped Greece in exchange for implementing even more painful austerity. Greece's parliament is expected to vote on the package later this week. Blogger Ingo Stützle explains the extent of Germany's dominance in the Eurozone, the monetary union of 19 European Union members that use the Euro as their common currency:
Wie weit Deutsch­land in sei­ner Selbst­herr­lich­keit geht, zeigte Mer­kel bereits im Juni 2010, als sie for­derte, dass Län­dern mit finanz­po­li­ti­schem Schlen­drian das Stimm­recht ent­zo­gen wer­den müsste ...