Merkel

Angela Merkel’s Pyrrhic Victory

By George Soros

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.

Will Germany proceed to hold Europe on its shoulders?

By Inga Popovaitė

At the beginning of April German Chancellor Angela Merkel spent her vacation in the island close to Naples. She was visited by the Campania region governor Stefano Caldoro who afterwards posted a video on his website where he urged her to look at the difficult areas including youth unemployment rates 10 times those of Germany. It is not the first time when Germany is criticised by South European countries complaining that they have to apply strict austerity measures in exchange for financial assistance.