Throughout the European debt crisis, Germany Chancellor Angela Merkel has tended to stay calm; she has taken action only when market jitters threatened to get out of hand. But now she’s canceled her upcoming trip to Russia, a decision made at a time when markets are mostly rising.
Could Ms. Merkel’s behavior be cause for alarm? She does seem worried that German lawmakers may thwart plans to give new powers to the European Financial Stability Facility, the euro-zone bailout fund.
Could Ms. Merkel’s behavior be cause for alarm? She does seem worried that German lawmakers may thwart plans to give new powers to the European Financial Stability Facility, the euro-zone bailout fund.
