Germany and France floated more extreme measures as a way to save the Euro Zone’s common currency, the euro. Sarkozy and Merkel suggested that they might cut off the “region’s wayward spenders” from EU transfer funds or cohesion funds. They also said they might get tougher about enforcing current rules. Right now the EU requires countries to keep public deficits below 3% of gross domestic product and debt below 60% of GDP. But even France until recently had resisted making sanctions automatic.
Many have suggested that the only way to save the euros to make all member states responsible for all other member nations’ debts and to prop up the bailout fund. But as long as Germany resists, they might not have a union much longer.
Some say that the EU was set up by England and America as a way to solve the “German question”. It is a kind of Lebensraum for German economics. Maybe Germany has a different vision of its future.