Merz Risks Blowing His Chance to Restart Germany

German Chancellor Friedrich Merz has a chance to be among the European Union’s most consequential leaders. His ambitious, multi-hundred-billion-euro plan to transform the country’s military and infrastructure represents the EU’s best hope to restore economic growth and stem a dangerous tide of far-right populism.

It could also be an epic disappointment, if he and his coalition partners don’t follow through.