Thursday 19 January 2017

Biggest deficit is Berlin leadership

Published 13/09/2011 | 05:00

Germany dominates Europe, to the extent that some of the country's own thinkers fear the emergence of "a new German imperialism".

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But the country's economic dominance is not currently matched by political leadership.

Last week, Chancellor Angela Merkel warned of a "domino effect" if Greece, now on the brink of bankruptcy, defaults on its debts and leaves the euro.

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