Merkel counts her blessings
Tuesday, December 30th, 2008TO CALL her embattled would be to exaggerate. But Angela Merkel is undeniably under pressure. In the face of wobbly banks and a swooning economy, Germany’s chancellor has been found wanting. Other European leaders fume that she has done too little to boost the continent’s biggest economy. Business is baying for action. Much of her Christian Democratic Union (CDU) is eager to arm itself for next September’s federal election with tax cuts. The CDU’s Bavarian sister party, the Christian Social Union (CSU), agrees. But so far Ms Merkel has said no. The latest cover of Der Spiegel dubs her “timid Angela”.
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