Financial Times
July 18, 2011
When Angela Merkel took her seat by the banks of Berlin’s river Spree on Sunday afternoon, all ready for a “summer interview” on public television, the German chancellor looked remarkably unruffled.
She did not appear to notice that the wind was rising, the heavens were overcast, and the first drops of rain were falling. Her fuchsia jacket clashed grievously with the scarlet chairs set out for the annual event. She merely joked with the presenters, and urged them to get on with the job.
Barely an hour later, the German capital was drenched in a downpour.
It is much the same with the political climate in Germany: the mood is grim, and the chancellor is facing a rising tide of criticism for her leadership, above all in dealing with the financial crisis in the eurozone. Yet she insists that sensible decisions have been taken, the euro is stable, and that eurozone states must simply get their debts under control.
More
No comments:
Post a Comment