Published in Business Spectator (Melbourne), 22 October 2015
Angela Merkel has been Germany’s Chancellor for 10 years, but this is the first time that she is facing serious challenges. Merkel may have survived the euro crisis without a dent in her popularity but Europe’s refugee crisis is leading observers to a hitherto unthinkable question: what if Merkel stumbles over the uncontrolled influx of migrants into her country?
There are problems for Merkel on two fronts. Domestically, her long reign in the opinion polls is drawing to a close as people realise the consequences of her open borders policy. There are now between 5000 and 10,000 migrants arriving in Germany every day. Meanwhile internationally, Merkel faces a double confrontation. On the one hand, EU partners are furious with Germany’s unilateralism. On the other, she now has to beg Turkey for help in containing the flow of Syrian refugees.
It is not…
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