Angela Merkel’s disappointing legacy
Under the new chancellor, Germany needs to modernize its economy and provide more for its security
By Peter Morici - - Tuesday, October 5, 2021
ANALYSIS/OPINION:
Angela Merkel accomplished much but leaves a disappointing legacy.
With partners in France and America, she held Europe together through the global financial crisis, sovereign debt meltdowns in Southern Europe and Ireland, the Russian invasion of Ukraine, and the Middle East refugee crisis.
Whether by circumstances or personal disposition, she most often chose incremental, non-systemic change—or measures that resonate with German culture or her scientific roots. Those don’t always best serve Germany’s or Europe’s long-term interests.
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