Even in the best-case scenario, the presumptive coalition seemed poised to maintain the narrow, play-it-safe approach that has prevailed for almost two years. But things are worse than that: the coalition talks have collapsed, priming Germany and Europe for an extended period of uncertainty. In the absence of a true emergency that will galvanize German action, the EU faces the very real prospect of remaining in a holding pattern – an outcome that the struggling bloc can ill afford.
Merkel's fail to form coalition hurts euro
The failure of Angela Merkel to form a coalition government has sent shockwaves into forex and the Euro has been wounded. Chancellor Merkel will try to form a government, but if her attempts fail again it will make traders nervous as they contemplate an uncertain mid-term which could involve new German elections.
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