Merkel setback hurts EMU reform chances, Future of the euro area

Capt. John

Angela Merkel

Commentary: Merkel setback hurts EMU reform odds

By David Marsh in Bali

The stunning setback for Germany’s coalition parties in Sunday’s Bavarian state elections will toughen Chancellor Angela Merkel’s already difficult task of winning consensus for reforming and strengthening the structure of European economic and monetary union. The Bavarian debacle will narrow further Merkel’s room for policy manoeuvre both over budgetary squabbles with Italy and over the wider issue of...

http://www.allaboutshipping.co.uk/2018/10/16/merkel-setback-hurts-emu-reform-chances-future-of-the-euro-area/

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