The argument I see Germans making is that Germans shouldn't have to bail out other people who work with the same monetary system as them because Germans aren't responsible for anybody but Germany. That is socialist nationalism. If the Cypriots were German then yeah, they would bail them out, but they are from Cyprus so the Germans won't bail them out. It is socialist, but only applying to people within Germany, which makes it nationalist as well.
No the argument is that Germans should not have to pay the profits people made by putting their money into (indirectly) into high risk investments.
You understand the words high and risk, do you?
Cyprus Banks paid outrages interest rates compared to other European banks. Due to their high risk investments and all depositors provided from this.
Why should German Taxpayers pay this?
Wow and the nazi club, did you came up with this all by yourself? Cause this is brilliant, seems to always work against Germans.
Come on, I never called you a Nazi. That's ridiculous.
As far as why you should pay, I'll reiterate:
You formed a union with your neighbors to work within a single financial system and a single currency. You are all mismanaging it together so you should all pay together. Not only because you all caused the problem together (so you deserve to share the loss), but because if any of you go down you all go down. You don't have to like each other, you just have to keep each other afloat when things get bad. If you didn't want to pay for things like this then you should not have set up such an insane arrangement in the first place.