Germany, with a population of nearly 82 million, has seen its influence in the European Union grow significantly in recent years as it has weathered the economic storm perhaps better than any other member state. Having recovered from a recession in 2008, the country narrowly dodged a repeat slump at the start of 2013. Now the German economy appears to be on the up, with economic indicators looking solid. Angela Merkel, as current keeper of Germany’s most coveted political position, the chancellorship, has become the figurehead and perceived key decision-maker of the EU’s response the eurozone’s sovereign debt crisis. Protestors in the southern economies hit worst by economic stagnation have held up banners decrying the impacts of “Merkel austerity”, the chancellor’s campaign to shave sovereign debt by cutting public spending. But in her home country, analysts say that Merkel is enjoying an unusual spell of popular support due to her handling of the eurozone crisis.Full Article: German elections 2013: Don't mention Europe | EurActiv.
Aug 6 2013