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Bajo el subterfugio de la inflación y mediante una condicionalidad estricta comocontrapartida por la prestación de asistencia financiera a la Europa periférica,Alemania intenta consolidar una política de austeridad que garantice la satisfacciónde la deuda a la banca germana. Los recortes que impone Berlín, sin embargo,elevan el riesgo de recesión y recrudecen la fractura social entre el Norte y el Sur.Under the subterfuge of inflation and by means of a strict conditionality in return forproviding financial assistance to peripheral Europe, Germany is trying to consolidatean austerity policy that guarantees the payment of debts to German banks. The cutsimposed by Berlin, however, increase the risk of recession and intensify the North-South divide in Europe

El pretexto de la inflación. La política alemana de ajustes que privilegia al acreedor