Tuesday, February 9, 2016

#Merkel Political Fate Tied To #Euro

Merkel's linking of her political career to the success of the Euro will likely be her undoing. It's only a matter of time before economic weakness affecting the European economy hits the German labor market.

Headline: A dangerous mix

Germany’s gravity-defying economic performance is appearing increasingly shaky. Falling industrial production and orders, paired with weak exports and sagging retail sales in December, suggest flagging emerging markets are hitting Europe’s largest economy. Chancellor Angela Merkel has ridden out a refugee crisis so far, but if economic weakness is allowed to reach the labour market, her political fate could be in trouble.



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