Merkel’s Victory, Everyone’s Loss: The Burden Of German Mercantilism On Europe

Merkel’s Victory, Everyone’s Loss: The Burden Of German Mercantilism On Europe.

John Weeks

The electoral victory of Angela Merkel brings bad news to the rest of Europe. Without doubt it means the continuation of the national economic policies that have all the other euro zone countries suffering from recession. While the Christian Democrats and their Bavarian allies narrowly missed an absolute majority, the probability that a coalition partner would moderate austerity polices is close to zero.

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