: :inin Kyiv (EET)

German economic fears growing but Merkel strong


While Merkel’s measured approach has helped the perception that she is steering the country deftly through chaotic times, she also benefits from the fact that Germany is not in as vulnerable a position as others, especially Eastern European countries.

If Russian President Vladimir Putin stopped gas flows from Russia completely — something Merkel has noted didn’t even happen at the height of the Cold War — Germany could increase supplies from elsewhere, albeit at greater cost.

[…] while the second quarter 0.2 percent contraction is seen largely as a temporary slowdown due primarily to a mild winter and other one-off factors, Merkel …read more

Source: San Francisco Chronicle

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