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Spain Slams Germany for Fostering Crisis in Plea for Assistance

Spain attacked Germany for what it termed fostering the financial crisis, saying the biggest European economy has benefited from the single currency as its banks profiteered by lending to the fast-growing South.

“It’s true that some countries including Spain lived beyond our means but that’s because banks from the core decided to make lots of money investing here,” Spanish Foreign Minister Jose Manuel Garcia-Margallo told Onda Cero radio radio. If Germany “throws one country to the wolves that will affect everyone, so they should take a more long-term view.”