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Euro Troubles The End of Germany’s Illusions

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Credit: Spiegel-Germany

Chancellor Merkel must give up more power to save the euro. Zoom

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Chancellor Merkel must give up more power to save the euro.

Germany’s booming economy and plummeting unemployment has long insulated the country from the euro crisis on Europe’s periphery. Those times, however, are coming to an end. The German economy is now showing it is vulnerable after all, and Chancellor Merkel will now be forced to make sacrifices.

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Posted by on June 5, 2012. Filed under Europe,Germany. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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