Upcoming German votes expose Merkel's vulnerability

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In this article

  • Fiscal compact treaty
  • ESM and its enlargement
  • Possible paths
  • Two 'yes' votes, a bigger ESM, no concessions, stronger Merkel
  • Two 'yes' votes, a bigger ESM, concessions, weaker Merkel
  • Two 'yes' votes, no ESM increase, no concessions, weaker Merkel
  • Coalition collapse

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.