Merkel’s moment of truth

Politico (EU) | Mar 26, 2020 at 9:52 PM
  • Just when it looked like Angela Merkel was going to ride quietly into the sunset, fate intervened.
  • With southern Europe’s economy falling off a cliff amid the crisis, countries from Italy to Spain to Greece face economic ruin.
  • During the eurozone crisis, she faced repeated calls to introduce “eurobonds” in order to restore investor confidence in the creditworthiness of countries such as Greece.