“This comes at the worst possible moment.”

German Chancellor Angela Merkel announced that she will not seek re-election as chairwoman of the CDU and will not run for another term as chancellor. What consequences result from the political change in Germany for the European Union? Lucas Guttenberg, deputy director of the Jacques Delors Institute Berlin says that this comes at the worst possible moment with regard to the European Council in December.  He expects Germany to maintain its pro-EU consensus and its line regarding Britain’s new place outside the bloc and Rome’s bid to tear up spending rules, but does not see a fresh impetus in Germany’s European policy: “Germany will not be able to commit to anything new.”

 

Read the full article in Reuters here.