If a government is not formed in coming weeks, Germans could return to the polls in early 2018. Many have blamed the free-market liberal Free Democratic Party (FDP) for walking away from the talks, but a simple analysis allows for a more accurate conclusion: the blame for Germany’s political crisis lies squarely on the shoulders of Angela Merkel.
While the UK’s parliament debates the EU Withdrawal Bill, its government is pursuing a post-Brexit deal on the continent. On both fronts, the decision Britons took to leave the EU is under threat. Indeed, their government has precious little wiggle room to deliver, but it still has a few aces up its sleeve.
Following this year’s election results in the Netherlands and France, many in the media, politics, and academia were quick to announce the death of euroscepticism. Whether they know it or not, 2017 has proved these voices wrong. 2016 was no anomaly, and euroscepticism never died—it’s bigger than ever. Here’s why…
In light of the push from Paris to create a pan-Eurozone budget, there is a real risk of transfer union—something most Germans don’t want. Knowing the flexibility Merkel has shown Brussels in the past, only the Free Democratic Party stands between German taxpayers and pensioners, and a system that penalizes them for their fiscal prudence.