Be careful what you wish for
The Europeans haven't really thought through all the implications of what they are trying to do, and perhaps they are now coming to a realisation. All this Eurozone austerity is because Germany doesn't want to be on the hook indefinitely for Southern European debt - make the buggers realise what you have to do to live & work in Europe. It won't work, of course. I'm not even sure that a Friedmanite Bundesbank would have been able to sort things - I believe the German Constitution has drawn some red lines.
The Private Eye thing is just the Eye being itself. Why shouldn't diferent things work in different economic conditions? I'm sure George Osborne thanks whatever deity he holds dear every morning that the UK isn't in the Eurozone. We have a similar situation in microcosm. The richer South funds the poorer North & Scotland on a continuing basis but we just get on & do it, unlike the Germans. We even try to even it up a bit ("Northern Powerhouse", anyone?), with variable success.