Hang on to your purse, Ms Merkel

Commentary feature, Rather than lambasting her, Europe should be glad there is a calm and cautious leader in Angela Merkel in Berlin dealing with the eurozone debt crisis.

The German chancellor clearly wants to support the single currency and the EU. Her good intentions cannot be doubted. But she would be foolish to endanger Germany’s own economic and political stability, by endorsing whatever desperate plan is proposed to 'save' the euro.

ESO: Background information: Find other Commentary Features in ESO on Challenges facing EMU http://www.europeansources.info/advSearchLink?keyword=commentary%20feature%20emu%20challenges%20&searchOption=all

ESO: Background information: Merkel suffers blow in regional election http://www.europeansources.info/record/merkel-suffers-blow-in-regional-election/

ESO: Background information: Berlin Lays Groundwork for a Two-Speed Europe http://www.europeansources.info/record/berlin-lays-groundwork-for-a-two-speed-europe/

ESO: Background information: Merkel fights back over Greek bail-out http://www.europeansources.info/record/german-mps-to-draft-eurozone-rescue-rules-merkel-fights-back-over-greek-bail-out/

ESO: Background information: Germany's top court to examine Greek bailout http://www.europeansources.info/record/germanys-top-court-to-examine-greek-bailout/

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