June 22, 2012

Merkel's Next Step: Shock and Awe

Bloomberg, Bloomberg

AP Photo

Ahead of meetings of European Union leaders this weekend, investors are looking for any sign of movement toward a bolder policy on the economic crisis. Expectations are inching higher -- which is good, because Europe’s leaders need pushing, and they know it would be risky to disappoint the markets again.

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TAGGED: Eurozone, Germany, Angela Merkel


June 20, 2012
The Greatness of Angela Merkel
Jacob Heilbrunn
Poor Angela Merkel. She keeps getting bashed as the incarnation of all that is wrong with the German approach to Europe. The New York Times, for example, explains in an editorial that her approach is "piecemeal" and driving the... more ››
June 18, 2012
What if Merkel Gets Her Way?
Wolfgang Munchau, Financial Times
If Italy and Spain were to leave the eurozone, they would probably also default on their foreign debt. Such an act would probably cause the European financial system to collapse – something that would ultimately ... more ››
June 15, 2012
It's a Poker Game, and Merkel Will Win
David Blair, Daily Telegraph
With 60 per cent of Germans believing Greece should leave the euro, the Chancellor will not be swayed from her dogmatic attachment to budgetary rigour. more ››
June 22, 2012
Germany Shouldn't Pay Everyone's Debts
Josef Joffe, The Guardian
Kaiser Bill would approve. A hundred years after he tried and failed, his heirs – a woman on top – have achieved mastery over Europe. And without firing a single shot – what an irony. Those nice pacifist Germans who refused... more ››