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AFP: ECB action draws fire in Germany

Statement by Werner Weidenfeld

08.09.2012 · AFP


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(...)

Werner Weidenfeld, of the Centre for Applied Political Research at Munich's LMU university, said Merkel had to be mindful of voter sensitivity to money-related issues.

But he said that Merkel, if she did oppose the ECB plan, would also not want to be a lone critical voice.

"In politics, people hate to be alone, and if she openly opposed the announcement, she would be completely isolated in the eurozone. And no politician wants that," he said.

But she may also support the action, which has certain provisos attached because targeted countries would also have to submit to budgetary discipline conditions under one of the eurozone bailout funds, which Merkel actually wants, he commented.

(...)


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