Angela Merkel’s Pyrrhic Victory
As far as Germany is concerned, the euro crisis is over – a sentiment reflected in Chancellor Angela Merkel's overwhelming election victory in September. In fact, the crisis has become a nightmare, inflicting tremendous suffering that could be easily avoided if the taboos that sustain it – mainly Merkel's – were dispelled.
https://prosyn.org/bY8WcPF
BUDAPEST – As far as Germany is concerned, the drama of the euro crisis is over. The subject was barely discussed in the country’s recent election campaign. Chancellor Angela Merkel did what was necessary to ensure the euro’s survival, and she did so at the least possible cost to Germany – a feat that earned her the support of pro-European Germans as well as those who trust her to protect German interests. Not surprisingly, she won re-election resoundingly.