It is too early to assess the policies of the new German government. I can only say that the crisis has shown that the monetary union is incomplete and that the weaknesses need to be remedied. Germany helps the euro best by further strengthening its competitiveness and promoting growth.
In Greece, the position at the outset was particularly difficult, so now we have to be particularly patient with the country. That's no surprise.
… "the Continent's traditional social contract" — perhaps its major contribution to contemporary civilization — "is obsolete" and must be dismantled.