Germany, the euro and the politics of the bail-out
Germany agreed to support its eurozone partners only slowly and reluctantly. Domestic political constraints and Angela Merkel's caution were partly to blame. But underlying shifts in Germany's stance towards the EU mean that any German government will take a more hard-nosed approach to European policy-making. The current rift between Berlin and its European partners needs to be handled carefully. The implications of a more eurosceptic Germany for the future of European integration would be severe.
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