http://pajamasmedia.com/victordavishanson/the-new-old-german-problem/
Very soon German workers are going to grasp that all the financial reserves they piled away the last two decades from not doing what a Spain or Italy did are essentially gone. Someone in Munich worked 40 hours a week until age 67 for someone in Athens not to and for someone in Athens to demand that someone in Munich do so or else.