June 30, 2012

Merkel's Retreat Won't Solve Europe's Problems

Daily Telegraph, Daily Telegraph

AP Photo

Surrender never comes easily to Germany, whether on the football pitch, where it crashed out of the European championships against Italy, or in Brussels, where Angela Merkel has for months been the Nein Chancellor, resisting all pleas for a Euro bail-out.

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TAGGED: Eurozone, Angela Merkel


June 22, 2012
Germany's Youth Don't Care About Euro
Doug Saunders, Globe & Mail
It is an awkward moment: Chancellor Angela Merkel, after letting the continent’s crisis slide into a debt emergency that is threatening the viability of Spain, Greece and Italy, is now demanding “more Europe” as the... more ››
June 24, 2012
Merkel's Choice: Europe or Austerity
Ben Fox, New Statesman
Everybody knows how this saga ends – either Merkel will back down or the euro falls apart. Ultimately, it is up to Germany, and to Angela Merkel, what path to choose. Will it be Europe or austerity? Either way, at least one... more ››
June 25, 2012
Berlin's Dangerous Sense of Invulnerability
Simon Tilford, CER
  Countries around the world fear that Europe's handling of the eurozone crisis will cause a global slump. But in Germany, the currency union's biggest economy, there is a curious sense of invulnerability. For many Germans,... 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 22, 2012
Merkel's Next Step: Shock and Awe
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... more ››