Eric Westervelt

For as long as he can remember, German teenager Robin Dittmar has been obsessed with airplanes. As a little boy, the sound of a plane overhead would send him into the backyard to peer into the sky. Toys had to have wings. Even today, Dittmar sees his car as a kind of ersatz Boeing.

"I've got the number 747 as the number plate of my car. I'm really in love with this airplane," the 18-year-old says.

Transcript

Transcript

SCOTT SIMON, HOST:

The Greek economy continues to suffer. It's been another painful week for that country starting Sunday when thousands of people demonstrated outside of parliament, and rioters torched buildings in Athens. Greek lawmakers passed harsh new austerity measures despite those protests, and still, Greece's European partners refused to approve the new bailout that the Greeks need to avoid default. NPR's Eric Westervelt reports what EU finance ministers will be considering when they meet again on Monday.

UNIDENTIFIED WOMAN: (Greek spoken)

The European Union says Greece has made some progress, but not enough, to merit the new bailout it desperately needs to avoid default and keep the euro as its currency.

Greeks are increasingly bitter about the austerity measures the EU is imposing on them. And Greece's EU partners are losing trust that the Greeks will implement them.

Now, talk is growing about contingency planning if Greece fails to meet the bailout conditions and defaults.

Klubradio is one of Hungary's only remaining independent broadcasters, but it may soon go silent. The station's struggles are emblematic of the Hungarian government's crackdown on civil liberties. The European Union is so worried that last week it issued a warning to Hungary: Revise your new constitution to comply with EU laws or leave the EU.

Veteran Hungarian broadcaster Gyorgy Bolgar, who hosts a popular daily news-talk call in show on Klubradio, gets a daily earful from ordinary Hungarians upset with Prime Minister Victor Orban.

Many here fear Orban, a dissident during the communist era, and his conservative Fidesz party are pushing the country backward.

Johann Sebastian Bach's Christmas Oratorio was first performed in Leipzig on Christmas Day in 1734. In Germany, no matter what the economic and political times, it's the Christmas work. In the oldest functioning church in Berlin, the 13th-century Saint Mary's, performance of Bach's Christmas Oratorio is a fixed tradition.

The plan European leaders agreed on last week to save the euro doesn't seem to have reassured the markets.

Two rating agencies said the plan worked out in Brussels, which calls for greater fiscal integration, failed to address the immediate crisis of rising debts and the crushing costs of borrowing.

And some economists worry that the EU leaders are wrong to put so much emphasis on austerity without any real plans to stimulate economic growth.

For example, Portugal's growth rate last year was anemic and the economies of Greece and Ireland shrank.

German Chancellor Angela Merkel's approach to the debt crisis currently roiling Europe has been calm, logical, methodical and — according to detractors, especially outside Germany, too slow and unimaginative.

Critics are seething that she insists on austerity as the main medicine for debt-ridden southern neighbors while she offers no new ideas for growth and fiercely resists efforts to let the European Central Bank intervene more.

Time is running out for European leaders to find a way out of their debt crisis and salvage the euro as the single currency for 17 nations. As they prepare for a European Union summit next week, French President Nicolas Sarkozy and German Chancellor Angela Merkel have presented their plans to their respective countries.

When the euro was rolled out nearly a decade ago, it was touted as a unifying force across European cultures. Uwe Boek, a 48-year-old Berliner, has seen and embraced these changes: "It's us being Europeans in the European Union. Because the euro is money but the European Union is about identity."

Germany is reeling from revelations this week that a small neo-Nazi group carried out a deadly, decade-long crime wave. Authorities blame the underground cell for the murders of nine immigrants and a policewoman, a string of bank robberies and a bombing. Two suspects are dead and two others are in custody.

The identity of the suspects came as a shock to many in a country that has worked hard to overcome the stain of Nazism. Now, the focus is on the apparent shortcomings of Germany's domestic security services.