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The audacity of stealth – Merkel’s plan for the euro

So might miserly Merkel play the last act as audacious Angela? The rest of Europe dearly hopes so. I cannot recall the last time a German election had the rest of us on the edge of our seats. But then this month’s poll is as much about the future of Europe as it is about the condition of Germany.

The suspense does not hang on polling day. The universal assumption – I suppose it could be wrong? – is that whatever the precise disposition of political forces when the votes are counted on September 22, Ms Merkel will secure a third term as chancellor. And would a grand coalition of her Christian Democrats with the opposition Social Democrats veer off in a direction markedly different from that of the present pact with Free Democrats? Probably not.

By all accounts, Ms Merkel has decided that a third term would be her last. She wants to avoid the mistake of her mentor Helmut Kohl – staying too long. Some think she could depart before the end of the term. We Brits remember how Margaret Thatcher was slightly mad by the time she went. Whether circumstance allows Ms Merkel to bow out early is another question.

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菲力普•斯蒂芬斯

菲力普•斯蒂芬斯(Philip Stephens)目前擔任英國《金融時報》的副主編。作爲FT的首席政治評論員,他的專欄每兩週更新一次,評論全球和英國的事務。他著述甚豐,曾經爲英國前首相托尼-布萊爾寫傳記。斯蒂芬斯畢業於牛津大學,目前和家人住在倫敦。

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