Economics
Merkel’s Stability Factor for Markets Adds Pressure to Run Again
- Departure would give ‘hawks’ upper hand, Eurasia’s Rahman says
- Schaeuble would only be interim leader, Kirkegaard says
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As Angela Merkel ponders her political future, investors have a reason to want her to stay on as German leader: the threat of a market meltdown if she quits.
After more than a decade of crisis-fighting, Merkel is lauded internationally for her leadership even as domestic criticism of her agenda and style is mounting. Polls suggest a slim majority of German voters no longer want her as their chancellor going into next year’s federal election.