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I believe that there is a strong xenophobic bias in the mainstream analysis of the mediterranean crisis. So, if you allow me a bit of cynicism, if it's a bunch of white aryan guys who get dunced first, then it would mitigate this view.
In any case, the "superior race" in this here crisis is the Protestant, and the Irish are Catholic. Economics is politics by other means
There are two principal centers of action here: London (via the City, the Financial Times and The Economist) and Frankfurt (Bundesbank, ECB, Financial Times Deutschland). Economics is politics by other means
On the last, you mean FAZ (FTD is in Hamburg). *Lunatic*, n. One whose delusions are out of fashion.
Metonymy (pronounced mɨˈtɒnɨmi, mi-ton-uh-mee [1]) is a figure of speech used in rhetoric in which a thing or concept is not called by its own name, but by the name of something intimately associated with that thing or concept. For instance, "Westminster" is used as a metonym (an instance of metonymy) for the Parliament of the United Kingdom, because it is located there.
I'll had that you may find quite easily this kind of behaviour in France too. A free fox in a free henhouse!
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