The World from Berlin Spain's Bailout Refusal Is 'Kamikaze Politics'

Pressure is growing for Spain to tap into European Union bailout money to stem its banking crisis, but the country has stubbornly refused. Instead, Madrid hopes to get around bailout conditions with direct aid to its banks. German commentators on Wednesday say that the time for pride has passed.
A Spanish euro coin: The country must take bailout money, German editorialists argue.

A Spanish euro coin: The country must take bailout money, German editorialists argue.

Foto: Federico Gambarini/ dpa
-- Kristen Allen