All posts tagged: Merkel

Angela Merkel’s Triumph, With A Catch

How the outcome of Germany’s federal elections will effect the country and the Eurozone Never has a vote in Germany been followed so closely across Europe. Germany is Europe’s largest (and the world’s fourth largest) economy, its government has the leading voice in governing the Eurozone. Merkel’s steady stewardship of the country through the Eurozone crisis, and her “no-nonsense”-attitude to struggling members of the currency union has earned her both commendations at home and criticism abroad. The United States appreciates the strength and stability of Europe’s economic powerhouse but is skeptical of Merkel’s austerity-focused policies. With high approval rates in pre-election polls, it came as no surprise that Merkel’s Christian Democratic Union won last Sunday’s parliamentary elections. In gaining 41.5 percent of the vote, falling just five seats short of an absolute majority, Merkel almost wrote history: The last time a party had an absolute majority in Germany was in 1957 with Konrad Adenauer, the country’s first post-World War II chancellor. The No. 2 party nationally, the Social Democrats, failed to meet their election goal …