Today “Hosanna,” tomorrow “Crucify him!” These words from the Bible also apply in politics, as Chancellor Angela Merkel, the daughter of a Lutheran pastor, has had to learn. As this exploration of how Germany is coping with a million refugees based on “real facts” and not on “alternative facts” shows, neither “hosanna” nor “crucify” could be justified. On September 4, 2015, … [Read more...] about How Merkel will integrate a million refugees
Germany
Surprises, Shocks, and Upheavals
Looking for future surprises that could shock the world? This would not be an exercise Europe’s top leaders such as German Chancellor Angela Merkel need these days. For her, the surprises, shocks, and upheavals are coming faster than ever. For years, she has played a key role in crisis management at the helm of the largest and strongest member country of the European … [Read more...] about Surprises, Shocks, and Upheavals
Merkels Brexit Problem
Already facing an immigration and European integration crisis that is shattering the country’s democratic foundations in the postwar era as never before, another nightmare looms on the horizon for Germany’s political and business elite: the prospect of Britain leaving the European Union. This explains why an embattled German Chancellor Angela Merkel—fully aware of the enormous … [Read more...] about Merkels Brexit Problem
Draghi´s German Nightmare
Berlin – Just in time for the May European elections euro area leaders reached a compromise on the Single Resolution Mechanism (SRM) and the Single Resolution Fund (SRF), the second pillar of the European banking union project. As the ECB assumed the key role in defusing the eurozone sovereign debt and banking crisis with the levers of … [Read more...] about Draghi´s German Nightmare
More Snowden revelations on spying out the Eurozone?
Last year, when I was preparing another analysis on the eurozone´s Herculean task of implementing European banking union, also my friends at the Washington-based “The International Economy” were shocked by the spy scandal humiliating German chancellor Angela Merkel and showing Europe´s – and particularly Germany´s – mindboggling vulnerabilities. The International … [Read more...] about More Snowden revelations on spying out the Eurozone?