October 23, 2012
Is the Franco-German Axis Kaput?
Der Spiegel, Der Spiegel
The most recent European Union summit exposed deep differences between German Chancellor Angela Merkel and French President François Hollande. Berlin wants Brussels to be bestowed with greater power over national budgets and Paris is calling for an end to austerity. The dispute threatens to intensify the euro crisis.
TAGGED: Francois Hollande, Angela Merkel, Germany, France, Eurozone, Europe