Germany has strict laws against promoting Nazism or using Nazi symbols.

BBC: Michael Regener was convicted of spreading racial hatred

That has put Austria, Germany and, above all, Luxembourg on the spot: all have strict banking secrecy laws that would have to be curtailed if the scheme were to work.

ECONOMIST: The bruiser from Brussels | The

Germany, however, has the opposite position: no OSI, conservative amounts for the new program and strict deficit targets.

WSJ: Germany-IMF Rift Stalls Greece Deal