BriefingEurope

Increasingly Isolated, Germany’s Merkel Ties Her Fate to Greek Elections

Increasingly Isolated, Germany’s Merkel Ties Her Fate to Greek Elections

The noncommittal closing statement of this weekend’s G-8 Summit cannot hide the fact that German Chancellor Angela Merkel found herself completely isolated at Camp David. U.S. President Barack Obama closed ranks with newly elected French President Francois Hollande in stressing “an imperative to create growth and jobs” in opposition to Merkel’s rigid austerity programs. In Europe, after losing her two main allies earlier this month, Merkel stands alone, increasingly blamed for turning Greece’s June elections into a make-or-break moment for the future of the euro. Last weekend, she also suffered a grievous political setback when her Christian Democratic Union (CDU) […]

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