Merkel Tired and Overwhelmed, Unable to Prevent EU Collapse – German Media

According to the newspaper, the EU consists of numerous imperfect institutions which have proved unable to function in times of the crisis. It has become a hostage to the Troika: the ECB, the IMF and the EU Commission which have totally failed.

Moreover, the EU member states are pursuing different goals: Southern countries want a different Europe, not a Europe of austerity, but of a growth, Italian Prime Minister Matteo Renzi said.

Francois Hollande, for his turn, stated that he wants Greece to stay in the Eurozone: a Grexit will give good chances for the oppositional National Front in the new elections and pose a serious challenge to his government.

Germany maintains an opposite point of view. Merkel and Schäuble can’t give up as they have promised German taxpayers that Greece is on the right track. The small states, for their turn, are increasingly becoming Euro-skeptic, with fringe political parties gaining more popularity.

Full article: Merkel Tired and Overwhelmed, Unable to Prevent EU Collapse – German Media (Sputnik News)

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