August 2, 2012

Merkel on Steroids Won't Help Europe

Chatham House, Chatham House

AP Photo

There is a sense of frustration and impotence in watching the eurozone crisis unfold. Non-Europeans cannot understand why tackling the crisis has proved so hard. On a recent trip to China a senior central banker asked me: ‘Why don’t you Europeans get on with it? You know what you need to do. Just do it.’ In the narrative of the eurozone crisis, slow action has come to epitomise poor leadership.

Read Full Article ››

TAGGED: Eurozone, Angela Merkel

RECOMMENDED ARTICLES

July 31, 2012
Merkel Is No Iron Lady
Simon Richards, Daily Mail
Merkel ill deserves the praise that has been lavished on her. Yes, of course she's better than Sarkozy and Hollande, but that's not saying a lot. If anybody deserves sympathy and praise it is the majority of the German people who... more ››
July 29, 2012
Miliband Should Beware French Connection
Andrew Rawnsley, Observer
President Hollande is an inspiration to the Labour leader. But he may also turn out to be a cautionary tale. more ››
July 30, 2012
Crash of the European Bumblebee
Paul Krugman, New York Times
Could the euro be saved? Yes, probably. Should it be saved? Yes, even though its creation now looks like a huge mistake. For failure of the euro wouldn't just cause economic disruption; it would be a giant blow to the wider... more ››
July 30, 2012
Europe Not About to Abandon Democracy
Dan O'Brien, Irish Times
In understanding what is happening now, it is not the 1930s but the 1990s that provides the most relevant historical parallel. In the early part of that decade post-communist democracies in central and eastern Europe suffered... more ››
July 29, 2012
In Europe, a Lull Between Blunders
George Jonas, National Post
It was Beijing in 2008; now it’s London. Social experiments have become Olympic sports. Many Canadians going to Europe this summer want to know if Europe has changed, and if so, how. (Yes: Notice I call London, Europe?) People... more ››