Saturday, June 27, 2015

Merkel faces Greek challenge with strong political capital

Associated Press
June 27, 2015

German Chancellor Angela Merkel has emerged undamaged from the global financial crisis, European bailouts, an astonishing U-turn on nuclear power and the crisis over Ukraine.

Now, with the future of efforts to resolve Greece's fiscal woes up in the air, the long-serving leader looks well-placed to emerge strong even if they fail.

Over a decade leading Europe's biggest economy, Merkel has enjoyed consistently high popularity and accumulated a store of political capital at home that would be the envy of most other leaders on the continent.

Her conservative party has a seemingly unassailable poll lead, no credible challenger is in sight and the German economy is strong. Her steady-handed, reassuring and risk-averse leadership style resonates with German voters and has earned her the nickname "Mutti," or Mama.


No comments: