Merkel for 'Gambling Away' Germany's Reputation Over Greek Crisis

© AP Photo / Petros GiannakourisIn this photo made on Thursday, June 18, 2015 a man walks behind a stencil depicting German Chancellor Angela Merkel as a Disney character in Athens
In this photo made on Thursday, June 18, 2015 a man walks behind a stencil depicting German Chancellor Angela Merkel as a Disney character in Athens - Sputnik International
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Jurgen Habermas, a German sociologist and philosopher, slammed German Chancellor Angela Merkel for squandering the country’s virtually impeccable reputation and solid political weight over her stance on the Greek debt crisis.

MOSCOW (Sputnik) — According to him, previous German governments exhibited "greater political sensitivity and a post-national mentality".

"I fear that the German government, including its social democratic faction, have gambled away in one night all the political capital that a better Germany had accumulated in half a century," he was quoted as saying by The Guardian on Thursday.

Eurozone Moves in Direction of Totalitarianism – German Media - Sputnik International
Eurozone Moves in Direction of Totalitarianism – German Media
Commenting on the bailout deal agreed on Monday by Athens and eurozone leaders that envisages economic reforms and strict austerity measures in exchange for a financial aid program for the country in the amount of $95 billion, Habermas stated that Merkel "punished" the Greek government of Alexis Tsipras.

The economic policies imposed under the current bailout deal are irrelevant and will exacerbate the hardship of the Greek people, Habermas warned.

"[The outcome of the talks did] not make sense in economic terms because of the toxic mixture of necessary structural reforms of state and economy with further neoliberal impositions that will completely discourage an exhausted Greek population and kill any impetus to growth," he emphasized.

The Greek government's debt settlement proposals submitted to the country’s major creditors — the European Central Bank, the International Monetary Fund and some eurozone nations — in the course of negotiations on the bailout plan received much criticism from the German side, with Merkel calling their proposed reforms "insufficient."

Following Monday's eurozone ministers’ talks, former Greek Finance Minister Yanis Varoufakis said that the Eurogroup, which had been negotiating with Athens to resolve the Greek debt crisis, is completely controlled by Germany and its Finance Minister Wolfgang Schaeuble.

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