Bernard Durkan (Kildare North, Fine Gael)
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Germany has a history in that area. It does not have fond memories of similar issues in the not so distant past. That may be one of the reasons it has been reluctant to go as far as we would like it to go on this issue. For example, Angela Merkel has been demonised to a huge extent by some groups and institutions right across Europe - wrongly so I believe. If Germany made a serious mistake and the eurozone and European concept imploded, the fickle finger of fortune would point at Germany. That is one of the reasons it has been reluctant to get involved in quantitative easing and all of that. It has history in that regard.