September 11, 2012
Merkel's U-Turn on Greece
Hammerstein, Der Spiegel
Angela Merkel has made a surprising U-turn in her policy on Greece. The German chancellor now wants to stop Athens from leaving the euro zone at all costs -- even if it means massaging the figures in the upcoming troika report. For the German leader, it is essential to avoid the consequences of a Grexit before national elections next year.
TAGGED: Eurozone, Greece, Germany, Angela Merkel, Europe