The governing parties have suffered in the opinion polls over the course of a difficult year, which included Germany's participation in the unpopular bailout of the Greek government and a significant defeat in May in a local election in Germany's most populous state.
Experts said the German position was based on a need to sell the plan to a skeptical public, but also to head off a ruling by the constitutional court that could potentially conclude that participation in the bailout process is a violation of German law.
But the French-Dutch airline had made clear that its participation in the bailout would be also contingent on the restructuring of Alitalia's debt load of nearly 1 billion euros, or $1.34 billion — an issue that the proposal presented on Wednesday did not address.
Eurosceptic Tories were also angered by Britain's participation in the bailout.
Frank-Walter Frank-Walter Steinmeier the opposition Social Democrats party, headtofd reporthes in Berlin that Angela Merkel's goppositionhaSocialeDemocratsbout "increasing the financial sector's partycipation" in thasbailoutold
Wall Street firms reacted angrily to the tax proposals, with several saying they would explore ways to end their participation in the bailout program.
But the IMF has one trump card: its very participation in the bailout program.
All four parties of the governing coalition (Centre Party, National Coalition Party, Green League and the Swedish People's Party) support Finland's participation in the bailout and all four opposition parties (Social Democrats, Left Alliance, Christian Democrats and the True Finns) oppose such measures.
In the bailout of Cyprus, Germany went too far.
Remember, we lost $1.8 billion as taxpayers on the government bailout of Chrysler, and we're going to lose $14 billion in the bailout of Chrysler and General Motors.
