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Saving the Euro or the Next Election Is Merkel’s Dilemma: View

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German Chancellor Angela Merkel faces a big choice in deciding how to handle the European debt crisis: Do what is politically expedient, or do what is best for her country, the European Union and the global economy.

Events across the Atlantic are overshadowing the pomp and ceremony of Merkel’s visit to the U.S. this week. If European officials don’t come up with a credible plan to contain the financial troubles in Greece, Ireland and Portugal, the U.S. recovery could be among the casualties.