Germany / Greece: time to show them

George Papandreou gets it. The Greek prime minister is not taking his country’s problems lightly as he asks fellow euro zone members to make good on their commitment to stand by Greece. His calls should be heeded. Papandreou’s first plan was substantial, but failed to convince investors and his European allies. But this week’s supplementary deficit-cutting measures show he’s ready to do what it takes to reverse years of fiscal neglect. They include additional tax increases, wage cuts for civil ...