Europe in Crisis, Part III: The German Engine
March 10, 2011 at 14:22 (Austerity, Climate Change, Crisis of Capitalism, Renewable Energy) (aspirational politics, Churchill, climate change, De Gaulle, debt restructuring, EU, Europe, European Union, Eurozone debt crisis, France, Germany, Greece, Merkel, neoliberalism, Sarkozy, targets, timetables)
As the dark clouds of austerity amass over the European continent, the EU’s economic powerhouse — Germany — still finds itself standing tall in the eye of the storm. But while the German economy ploughs on, concerns in Europe are rising about the country’s growing influence within the Union, as well as the increasingly isolationist stance of Merkel’s government and the protracted frictions in the Franco-German relationship. How can Europe address the challenges it confronts while its largest member state appears to be going it alone?
