For the past five years Europe has been confronted with one fundamental crisis after the other – and each has pushed or pulled Berlin to the center of the Union’s response. When the sovereign debt crisis hit a number of member states in early 2010 and put the single currency under existential threat, Berlin unequivocally became ringleader. The German government has since been a key player both in crisis management and in reforming the euro area governance framework. Since 2014, Berlin, in cooperation with Paris, has also led the EU’s efforts to solve the Russia-Ukraine crisis. More recently, Germany has …read more
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